The tender award documents for contracts beginning in 2026 reveal an average price of US$24 per MWh. Several companies with foreign capital took part in the tender process, such as Mainstream Renewable Power, Sonnedix and Canadian Solar, demonstrating the importance of foreign investment in Chile’s energy sector.
Topics:
Renewables
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As a first step, the world’s largest copper producer plans to reach annual production of 7 million tons by 2030 in order to reach its mid-century target of 9 million tons. Foreign investment will be key to achieving these targets.
Topics:
Mining
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Considering the huge potential for FDI flows from China, it is important that the different Chilean and Chinese public and private institutions continue to work together to identify opportunities and challenges, thereby facilitating the arrival of more Chinese investment in Chile.
Topics:
Chinese investment
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Of the project proposals received by CORFO, six were presented by foreign companies from France, Denmark, Italy and Germany.
Topics:
Green Hydrogen
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In August, the region reached an average occupancy of 44%. Brazil led with 60%, followed by Chile and Colombia, both with 55%, finishing with Peru (40%) and Argentina (20%).
Topics:
Tourism
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In Chile, there are 36 products with protection against unfair competition.
Topics:
International trade-
Food Industry
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The South American country ranks sixth among the organization’s 38 member states, behind Belgium, Austria, Israel, Ireland and the United Kingdom.
Topics:
Technology-
Digital Economy-
Optical Fiber
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Chile, which has 21 chapters dedicated to the service sector in its current trade agreements with 56 economies, has now launched the first “Manual for Service Exports and Free Trade Agreement Opportunities.”
Topics:
Digital Economy
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As Enaex and Engie filed the environmental paperwork for one initiative, GNL Quintero, Enagás and Acciona Energía announced a US$30 million investment to build a plant at the GNL regasification terminal.
Topics:
Renewables-
Energy-
Green Hydrogen
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This Wall Street giant became interested in Chile after its Central Bank authorized the internationalization of the Chilean peso. Its main goal is to support its clients in foreign exchange operations.
Topics:
Banking-
Financial System
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The Argentine company has inaugurated a 43,000 m2 storage space, which will be used in its entirety for the electronic commerce of the products of millions of companies, SMEs and startups.
Topics:
Global services-
e-commerce-
Argentine investment
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The Chilean company that manufactures plant-based products has been valued at US$1.5 billion. After raising US$235 million in a new financing round, CEO Matías Muchnick talks about the three priority areas that lie ahead.
Topics:
Food Industry-
Foodtech-
Unicorn
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While foreign companies represent less than 10% of the total number of companies in Chile, they represent 51% of the total taxes paid, 30% of the formal job market, 65% of exported goods and 85% of the country’s exported services.
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Foreign companies
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Job sources are expected to come from new recycling plants, compost trucks and product repair services. Besides, Chile is leading the way to develop the value chain associated with a sustainable packaging industry. In this context, InvestChile and Fundación Chile are organizing the webinar ‘Plastic Recycling Infrastructure: Investment Opportunities in Chile.'
Topics:
Circular economy
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This project aims to improve the performance of Camanchaca salmon farm, keeping in consideration variables such as salmon production capacities, demand and price.
Topics:
Food Industry-
Salmon-
Innovation
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This is the third Chinese financial institution to arrive in Chile and its mission is to support Chinese companies in foreign trade and investment.
Topics:
Chinese investment-
Banking
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Financial support, contacts, incentives and international relations are some of the benefits received by national startups when supported by these entities that are showing increasing interest in investing in new projects in the region.
Topics:
Venture Capital-
Startup
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In order to contain the arrival of new COVID-19 variants, foreign non-residents will remain prohibited from entering Chile. Chileans that hold a Pase de Movilidad (mobility pass) will be able to leave the country.
Topics:
Coronavirus
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These are free, online programs for people who are unemployed or self-employed. The courses are intensive, last from 2 to 4 months and help people to switch over from any trade or profession to IT programming and design.
Topics:
Global services
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Between 2014 and May 2021, 14,215 investor visas have been issued. Of these, 53% have been issued to Chinese nationals. This number coincides with the increase in Chinese investments in Chile.
Topics:
Visas
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