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Chile’s foreign investment continues its record-breaking streak: historic figure in July outstrips 2020 FDI by 74%
According to figures from Chile’s Central Bank, the cumulative figure for the first seven months of this year was US$14.8 billion, the highest figure for this period since records began.
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August brings record high in business creation and Minister Palacios highlights positive impact on employment
A total of 18,955 companies were created last month, the highest number on record. This figure also represents a 14.6% increase over the same month the previous year. The progress made in the Aysén and Magallanes Regions is worthy of note. The services sector once again showed the greatest momentum.
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Electromobility: Chile is leading the way in Latin America with ambitious goals
Chile has set the goal to be carbon neutral by 2050. Electromobility will be fundamental in contributing a significant percentage of the reduction of greenhouse gas emissions in order to reach this objective.
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Good figures confirm that Chile is on the road to economic recovery
A drop in unemployment, a projected rise in GDP and a Monthly Economic Activity Index (IMACEC) growth rate of 18.1% for July show that the Chilean economy is recovering step by step. These figures are a reflection of the government measures promoted under the Plan Paso a Paso Chile de Recupera (Chile Recovers Step-by-Step Plan), such as public investment, which will create 250,000 direct jobs.
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Government presents National Mining Policy 2050, which aims to generate a more sustainable development model for Chilean mining
The document presented by Mining and Energy Biminister Juan Carlos Jobet contains 78 short, medium and long-term goals that increase demands on both the mining sector and the State. More than 3,500 industry representatives, NGOs, unions, indigenous peoples and academics participated in its two-year preparation.
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Foreign direct investment in Chile hit record high in first half of 2021
The Chilean Central Bank has released a revised version of its preliminary figures, showing that FDI increased 66% compared to the first half of 2020 to reach US$13.7 billion. This is an all-time high for the January-June period and is 98% above the historic average (US$7 billion).
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Foreign investment in Chile during the first half of 2021 is already 90% of the total for 2020
According to the Chilean Central Bank, Foreign Direct Investment (FDI) was US$ 7,681 million for the first six months of 2021, only 10% below the total for 2020 of US$ 8,528 million.
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Chile: a mining innovation hub
Telematics, desalination, renewable energies and technologies to recover minerals attached to rocks are just a few of the innovations that have set Chilean mining ahead of the curve in terms of exports and process-linked innovations.
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InvestChile’s portfolio of projects grew by 28% in the first half of 2021
On June 30th this year, the agency reported that 372 initiatives were receiving its support, for a total value of US$ 24 billion.
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Economy Ministry and InvestChile present a new strategy to promote foreign investment in Chile
The strategy puts forward a plan to proactively attract foreign capital, determines the criteria for targeting companies and – for the very first time – consolidates the coordination between Chile’s different services and ministries in regard to investment promotion.
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Chile’s foreign investment continues its record-breaking streak: historic figure in July outstrips 2020 FDI by 74%
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Chile’s foreign investment continues its record-breaking streak: historic figure in July outstrips 2020 FDI by 74%
According to figures from Chile’s Central Bank, the cumulative figure for the first seven months of this year was US$14.8 billion, the highest figure for this period since records began.
August brings record high in business creation and Minister Palacios highlights positive impact on employment
A total of 18,955 companies were created last month, the highest number on record. This figure also represents a 14.6% increase over the same month the previous year. The progress made in the Aysén and Magallanes Regions is worthy of note. The services sector once again showed the greatest momentum.
Electromobility: Chile is leading the way in Latin America with ambitious goals
Chile has set the goal to be carbon neutral by 2050. Electromobility will be fundamental in contributing a significant percentage of the reduction of greenhouse gas emissions in order to reach this objective.
Good figures confirm that Chile is on the road to economic recovery
A drop in unemployment, a projected rise in GDP and a Monthly Economic Activity Index (IMACEC) growth rate of 18.1% for July show that the Chilean economy is recovering step by step. These figures are a reflection of the government measures promoted under the Plan Paso a Paso Chile de Recupera (Chile Recovers Step-by-Step Plan), such as public investment, which will create 250,000 direct jobs.
Government presents National Mining Policy 2050, which aims to generate a more sustainable development model for Chilean mining
The document presented by Mining and Energy Biminister Juan Carlos Jobet contains 78 short, medium and long-term goals that increase demands on both the mining sector and the State. More than 3,500 industry representatives, NGOs, unions, indigenous peoples and academics participated in its two-year preparation.
Foreign direct investment in Chile hit record high in first half of 2021
The Chilean Central Bank has released a revised version of its preliminary figures, showing that FDI increased 66% compared to the first half of 2020 to reach US$13.7 billion. This is an all-time high for the January-June period and is 98% above the historic average (US$7 billion).
