InvestChile Blog

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Chile’s hotel industry ends 2023 with strong results

InvestChile - February,28,2024

According to a report by Colliers, the occupancy rate for Chilean hotels increased from 49% in 2022 to 51% at the end of 2023, and also compared favorably to 2018 and 2019, when the occupancy rate was 50% and 47% respectively.

Topics: Infrastructure- Tourism

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French group Accor plans to add new hotels in Chile

InvestChile - December,20,2023

The company, which has been operating in the country for more than 20 years, announced its plans to add at least seven hotel assets to its portfolio in Chile, which would amount to more than 900 additional rooms.

Topics: Infrastructure- Tourism- French investment

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The importance of bioceanic corridors for Chile

InvestChile - December,1,2023

More than simply routes, bioceanic corridors are an engine for regional development and the key to Latin American integration. Through its strategic location and openness to global trade, Chile is driving ambitious connectivity projects.

Topics: Infrastructure

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Chile has 28 desalination plants in operation and under construction

InvestChile - March,31,2023

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

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OHLA is awarded the concession of the National Cancer Institute

InvestChile - March,28,2023

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

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30 years of concessions in Chile: What are the new challenges?

InvestChile - March,15,2023

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

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Chile presents investment opportunities in infrastructure

InvestChile - March,2,2023

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

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OHLA awarded mining contract in Chile worth US$143 million

InvestChile - April,4,2022

The agreement signed by the Spanish company includes the new expansion phase of the Minera Spence deposit, owned by BHP and located in the municipality of Sierra Gorda in Chile’s Antofagasta Region.

Topics: Mining- Infrastructure

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Sacyr to invest US$900 million in Chilean highway

InvestChile - March,28,2022

The new highway that will join Santiago and San Antonio will add to the more than US$6.5 billion that the Spanish firm has invested in the Latin American country since 1996.

Topics: Infrastructure

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Chile moves forward with historic tender plan for public works in 2021

InvestChile - June,15,2021

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

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Chile unveils 2021 concessions plan worth US$ 4.7 billion.

InvestChile - March,30,2021

Highway projects over the next five years entail some US$11 billion in investment, while other notable projects include hospitals, airports, cablecars, trams, and re-tenders for groups of jails.

Topics: Infrastructure- Public Tender- Foreign companies

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Sacyr starts operations in Chile’s water industry

InvestChile - August,13,2020

Through companies it acquired in February with a portfolio of contracts worth 500 million euros.

Topics: Infrastructure- Spanish investment

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Chile to accelerate infrastructure investments to boost economy

InvestChile - August,7,2020

The economic recovery plan to address the impact of Covid-19 envisages US$8,000 million for the infrastructure sector.

Topics: Infrastructure

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Colombia’s ISA establishes company in Chile

InvestChile - August,3,2020

ISA has signed a joint venture with a Colombian construction company that will have a starting capital of US$1.3 million.

Topics: Infrastructure

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Belgian retirement home company leads the segment in Chile

InvestChile - November,20,2019

Following its debut in Chile in 2010, Acalis already has ten centers in Santiago, Viña del Mar and Concepción and has recently acquired the operation of a competitor, Ambar Residence.

Topics: Infrastructure- Belgian investment

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Spending by business visitors to Chile doubles over the past ten years

InvestChile - August,21,2018

This form of entry of foreign currency rose by 94% from US$347 million in 2007 to US$673 million last year. The data also shows that the average stay of business visitors to Chile has increased from six to ten days.

Topics: Infrastructure- Tourism

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Acciona chooses Chile as its business platform for regional expansion

InvestChile - April,12,2018

According to the company’s senior executive in Chile, there are high expectations of the government as regards new development of public works.

Topics: Infrastructure

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