News Archive
December 2019
Chile stands out as Latin America’s “Brain Hub”
27 December 2019
According to a study by Nearshore Americas, Chile generates the region’s best talent for the Fourth Industrial Revolution. Latin America’s information technology ecosystem is expanding rapidly. Although no country in the region ranks among the world’s top 50 countries on innovation, some have done important work in training skilled labor and continue to make strides […]
InvestChile Public-Private Council sets out priorities for promotion of foreign investment in 2020
17 December 2019
One of the key focuses will be investment retention and aftercare. The Minister of Economy, Economic Development and Tourism, Lucas Palacios, and the director of InvestChile, Cristián Rodríguez, chaired the second annual meeting of the InvestChile Public-Private Consultative Council at which discussion focused on the new foreign investment promotion strategy for next year. Participants from […]
Foreign direct investment increases by 64% to US$10,325 million in first ten months
10 December 2019
In October, the net inflow of foreign direct investment reached US$850 million. At US$10,325 million, foreign direct investment (FDI) in Chile in the first ten months of this year represented an increase of 64% on the same period last year and was in line with its performance over the past five |years (an average of […]
Economy Ministry and InvestChile meet with overseas companies to evaluate measures to support SMEs
04 December 2019
During a conversation organized by Deloitte and the Foreign Investment Promotion Agency, Economy Minister Lucas Palacios underlined the importance of everyone helping to support the SMEs affected by acts of violence. The Minister of Economy, Economic Development and Tourism, Lucas Palacios, met with representatives of large overseas companies this morning to analyze how they can […]
November 2019
Chambers of Commerce reaffirm foreign investors’ confidence in the country at meeting organized by InvestChile
18 November 2019
Representatives of 19 countries met during a new session of the InvestChile Talks during which they valued the agreement reached to draft a new Constitution and informed the Foreign Investment Promotion Agency about the impact and doubts generated in their member companies by the current situation in the country. Binational chambers of commerce and embassies […]
Foreign direct investment continues to grow in 2019 and reaches US$10,350 million in first nine months
11 November 2019
The amount represented a 116% increase on January-September 2018. At US$10,350 million, foreign direct investment (FDI) in Chile in the first nine months of this year was up by 116% on the same period last year. According to the Central Bank of Chile, there was a net inflow of US$1,235 million in September. The figure […]
October 2019
Amazon Web Services announces million-dollar investment in Chile
25 October 2019
Pending Amazon’s choice of our country or Argentina as the location for its regional data center, the company will install an Edge location in Chile for its CloudFront service. The project is estimated to represent an investment of US$50 million. Amazon Web Services (AWS), a subsidiary of global technology giant Amazon, has announced a million-dollar […]
Regional Government launches InvestAraucanía to attract foreign investment to the Region
18 October 2019
InvestAraucanía will serve as a pilot test for the strategy’s subsequent application in other regions of the country. It will be supported directly by InvestChile, the national foreign investment promotion agency. The Regional Government (GORE) of the Araucanía Region and InvestChile launched InvestAraucanía, the country’s first Regional Foreign Investment Promotion and Attraction Unit. It was […]
Foreign direct investment increases 70% in first eight months to US$9,115 million
07 October 2019
Investment in the form of equity reached US$5,178 million, its highest level since records began. At US$9,115 million, foreign direct investment (FDI) in Chile in the first eight months of this year was up by 70% on the same period last year. According to the Central Bank of Chile, there was a net inflow of […]
HIT Cowork expands in Chile: the Argentine company plans two openings in Santiago
02 October 2019
The coworking space company has chosen Chile to start its regional expansion. It is already in Valparaíso and will now open in the capital. HIT Cowork, an Argentine flexible workspace company, is seeking to establish itself as one of the leading companies in its field in Chile. It has already made its debut in […]