According to SUBREI, Chile’s trade with China reached US$19,055 million in the first half.
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The company’s CEO highlighted its increase in quarterly sales, particularly in the South American country where the Scandinavian chain has 14 stores.
The Swedish giant plans to expand to 12 new markets over the next few years and would arrive to Chile at the end of 2020.
The tax for domestic flights will immediately drop by 20% and, for international flights, be cut from US$30 to US$26.
According to the company’s senior executive in Chile, there are high expectations of the government as regards new development of public works.
The food industry has positioned itself as one of the sectors of the Chilean economy that most interests Chinese investors.
There is a reason why so many countries are modeling their entrepreneurial ecosystems after Chile’s. With serious investments in technology and innovation, the Chilean government has spurred some amazing opportunities for technology startups to launch and grow in the country.
According to a study by the Newmark Knight Frank consultancy company, office rentals in Santiago average US$24.32 per square meter.
A recent article on bbc.com identified Chile as one of six countries that “consistently rank highest for their progressive social policies, trust in government and effective justice system”.