UAE-based Group ADQ buys Chilean company Verfrut
2 min read
UAE-based Group ADQ buys Chilean company Verfrut
By InvestChile on February 5, 2024

The company was valued at US$680 million, including debt. The process still has to go through the regulatory phases. “We look forward to the next stage of our successful journey,” said Roman...

Eramet increases its capital to break into the lithium sector in Chile
2 min read
Eramet increases its capital to break into the lithium sector in Chile
By InvestChile on February 1, 2024

The European group decided to increase the capital of its local subsidiary, Eramet Chile. A month earlier, the company had agreed to acquire the Siete Salares project in Chile for the same a...

RWE submits its first project in Chile for environmental assessment
2 min read
RWE submits its first project in Chile for environmental assessment
By InvestChile on January 25, 2024

The Los Durmientes project, a 244 MW photovoltaic solar farm with a storage option, which will be located in the municipality and Region of Antofagasta, submitted its DIA for processing. It ...

UNCTAD: Global foreign direct investment grew 3% in 2023
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UNCTAD: Global foreign direct investment grew 3% in 2023
By InvestChile on January 24, 2024

New UNCTAD analysis shows global FDI trends defied earlier expectations but highlights that growth was driven by a few European “conduit” economies and raises concerns about the decline in i...

Chile presents Smart Permitting System bill
2 min read
Chile presents Smart Permitting System bill
By InvestChile on January 17, 2024

The reform involves processing authorizations for 37 types of services and involves 16 ministries. It aims to streamline processes, cut processing times and provide more certainty for invest...

Chile to Connect South America and Asia-Pacific with First-Ever Cable
2 min read
Chile to Connect South America and Asia-Pacific with First-Ever Cable
By InvestChile on January 15, 2024

The Humboldt project, born from the collaboration between the Chilean Government and the multinational Google, will span more than 14,000 kilometers and will enable the deployment of an unde...

Lithium: Five key points in the agreement between Codelco and SQM
3 min read
Lithium: Five key points in the agreement between Codelco and SQM
By InvestChile on January 5, 2024

State-owned mining company Codelco will have a majority stake in the new venture to exploit the largest lithium deposit in Chile until 2060. During the first period, SQM will be responsible ...

The Economist highlights Chile’s economic performance in 2023
1 min read
The Economist highlights Chile’s economic performance in 2023
By InvestChile on December 28, 2023

The English publication analyzed the performance of the 35 OECD countries based on variables such as inflation, GDP, employment and stock market performance, ranking Chile seventh.

Chile and the European Union sign trade modernization agreement
3 min read
Chile and the European Union sign trade modernization agreement
By InvestChile on December 26, 2023

This pact strengthens commercial ties and reinforces shared values and fundamental principles, paving the way for a more prosperous and sustainable future for both parties.

Decathlon will have 12 stores in Chile in 2024
2 min read
Decathlon will have 12 stores in Chile in 2024
By InvestChile on December 22, 2023

The company opened three shops in the country this year and will expand to Talca and Puerto Montt next year. The firm’s local CEO says that they hope to become «the leading athletic wear bra...

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