The first national survey of seawater processing plants found that the facilities in operation in the country currently have a combined capacity of 8,200 liters per second. The report states that that number could triple by 2028. 

Topics: Infrastructure- Desalination plants

The international call for tenders involves 15 new works, including a first energy storage system.

Topics: Energy- Public Tender

The Spanish company will invest more than €300 million (around US$323 million) in the concession contract in Chile, and will generate approximately 1,200 jobs during the peak of the construction phase.

Topics: Foreign Investment- Infrastructure

The Chinese firm is focusing on digital energy technology deployment in the field of solar parks and, eventually, linked to data centers. 

Topics: Energy- Chinese investment

The works privatization system today has totalled more than 100 contracts and more than US$27 billion in works distributed throughout the country.

Topics: Foreign Investment- Infrastructure

The German company has been operating in Chile for 40 years. They have just installed their construction adhesives plant in the northern Chilean city, in an area that provides 99% of the raw materials for the production of their products.  

Topics: German investment- Foreign companies- Industry

The portfolio includes 54 projects to be awarded through 43 tenders promoted by the Chilean government that are worth more than US$13 billion in investments in the Latin American country.

Topics: Foreign Investment- Infrastructure

The initiative, which is located in the Valparaíso Region, will produce 180 thousand tons of fine copper each year, with a useful life of 26 years.

Topics: Foreign Investment- Mining

Chile’s National Evaluation and Productivity Commission will conduct a new study to assess priority sectoral permits for investment, in order to propose substantial improvements in their efficiency, predictability, and stability.

Topics: Investment

Chile reached position 50 out of 132 nations in the innovation index. The country stands out for the quality of its regulatory affairs and the creation of new businesses, which are related to an increase in the use of the intellectual property system as a percentage of total trade.  

Topics: Innovation- Ranking

The report published by Transparency International places Chile 27th in the ranking, the same as last year, while Denmark, Finland and New Zealand top the list worldwide. 

Topics: Ranking- Chilean Economy

Tourism in Chile generated over US$9 billion in income last year. The sector is expected to return to normal in 2023, with a 71% increase in visits over 2022. 

Topics: Tourism

The company purchased a cold storage plant in Buin as part of its plan to invest US$750 million in Latin America by 2027. One third of this will be in Chile. 

Topics: Food Industry

The Productivity Agenda is the result of joint work with Chile’s different business associations and main workers’ organization. The measures aim to create the necessary conditions to boost the country’s economic growth and facilitate investment processes.  

Topics: Chilean Economy

In 2022, the Chilean government achieved a fiscal surplus of 1.1% of GDP. Meanwhile, spending decreased by 23.1% and public debt stabilized at 37.3%. 

Topics: Chilean Economy

The guide has been prepared by the South American country’s Foreign Investment Promotion Agency. It contains the main guidelines to promote this area of the financial industry.

Topics: Fintech

The Canadian company, which has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and United States, will invest US$1.1 billion in 2023. 

Topics: Mining

According to the United Nations Conference on Trade and Development (UNCTAD), negative or slow growth in many economies and further deteriorating financing conditions will put downward pressure on FDI this year.

Topics: Foreign Investment

The Chilean mining sector uses social networks for around 88% of its purchases and sales, according to the 2022 Digital Transformation Index (DTI). 

Topics: Mining- Technology

The South American country is the world’s second largest lithium producer after Australia and holds approximately 45% of global reserves of this mineral, which means that new business opportunities will undoubtedly emerge over the coming years.  

Topics: Mining- Lithium