The University of Chile, together with ASIMET and Corfo, are developing technological solutions to move Chilean industry from traditional to advanced manufacturing by taking advantage of the fourth revolution.

Topics: Chilean Economy- Talent

The strategy includes 28 measures to boost growth. We explain which of them are important for foreign investors to understand.

Topics: Foreign Investment- Chilean Economy

The first structural reform to be implemented by the President Gabriel Boric’s government aims to make progress on tax fairness for all taxpayers, and to finance initiatives to expand social security and promote productive and regional development.

Topics: Chilean Economy

Gender Report: A National Institute of Industrial Property (INAPI) analysis has revealed that the proportion of invention patent applications made by Chilean women inventors rose by 5.4% compared to 2020. Ventures such as MOV are examples of women who dared to take the lead and create new things. 

Topics: Ranking- Chilean Economy- Women

Data indicates that the World Economic Forum’s gender gap accelerator programme in Chile has effectively promoted female representation in member organizations, which include Accenture, Cargill, IBM, LatAm Airlines, Microsoft, Nestlé, PwC, SAP, Salmon Chile, Siemens, Unilever and InvestChile.

Topics: Chilean Economy- Women

The measure has generated US$306 million in tax revenue since its implementation. Google, Netflix and Apple have paid the most, followed by the Sony, Spotify and Facebook platforms. The United States has the highest number of entities subject to the tax in Chile, with a total of 112 companies.

Topics: Technology- Chilean Economy

InvestChile met with representatives from companies such as AWS, EdgeConnex, Synopsys, SpaceX, Netflix, ViacomCBS and KKR, among others.  

Topics: Technology- Chilean Economy

Chile’s Government has updated its National Energy Policy, which for the first time considers climate change, green hydrogen and electromobility.

Topics: Energy- Chilean Economy

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.

Topics: Foreign Investment- Chilean Economy

The Chilean Public Works Ministry has already begun the tender process this year for five concessions totaling almost US$2 billion, the highest amount since the concessions program began. The total for 2021 is expected to reach almost US$5 billion.

Topics: Infrastructure- Chilean Economy- Public Tender

The leading economist and academic, one of the most respected internationally, set out his vision of the post-pandemic economy during InvestChile’s e-seminar.

Topics: Chilean Economy

Overseas investors accounted for approximately 48% of the total placement, ahead of the previous record of 24% in 2019.

Topics: Chilean Economy

“Although we still have a way to go, this report shows that we are on the right road,” said the Minister of Environment on learning of the results of the study published by Cambridge University Press.

Topics: Ranking- Chilean Economy

The projects financed include electromobility in Santiago’s Metropolitan Public Transport System and the Santiago-Rancagua Metrotren railway and new lines for the Metro subway.

Topics: Chilean Economy

The Chilean capital dropped from 79th to 134th in the global survey.

Topics: Chilean Economy

A study by the Imagen de Chile Foundation found that wine and fruit are the Chilean products most recognized internationally.

Topics: International trade- Food Industry- Chilean Economy

Changes in labor and tax legislation as well as FOGAPE credits are some of the topics that have been explained by experts in the webinars, which have also covered investment opportunities.

Topics: Chilean Economy- Coronavirus

The organization has influenced the design of a dozen programs and social policies, involving 87 legislative reforms, 14 new public institutions and the commissioning of 87 studies.

Topics: Chilean Economy

According to the Getulio Vargas Foundation, there are few barriers to investment and exports in Chile, a greater access to capital and more stable economic policies as well as a high level of confidence in the Central Bank, an advantage compared to the rest of the region.

Topics: Ranking- Chilean Economy

The measures are part of the government’s Social Protection Plan and include the creation of a state loan guarantee fund to facilitate SMEs’ access to credit.  

Topics: Chilean Economy- Coronavirus