InvestChile Forum Attracts Record US$9 Billion in Investment Projects

SANTIAGO, Chile, May 14, 2024 (Newswire.com) - The VII International InvestChile Forum will be held in Santiago May 15-17 with a record number of investment projects. The event’s inaugural conference will take place on Thursday, May 16, and will be led by President Gabriel Boric, Economy Minister Nicolás Grau, Treasury Minister Mario Marcel and InvestChile Director Karla Flores.

In this edition, the forum will be attended by representatives of more than 100 companies from 28 countries. They will participate with more than 60 investment projects in different stages of development, valued at US$9 billion, in areas such as technological and digital infrastructure, infrastructure concessions, clean energy and storage, and the lithium industry. It will be the largest event of its kind held in the country to date.

“Foreign companies that participate in the forum go through a selection process in which they apply with their investment projects in high-value sectors. Never before have we had such great interest and such high amounts associated with these projects. This not only speaks of the attractiveness of the opportunities that our country offers, as well as the consolidation of the event, but also of the general view that investors have about Chile. We are talking about sectors that require foreign investment to help us make a leap in quality and accelerate our development, with a sustainable outlook that is linked to our small and medium-sized enterprises, and which create permanent, quality jobs,” stated InvestChile Director Karla Flores.

Perspectives From Chile

The inaugural conference will begin on May 17 at 9 a.m. Featured speakers include Chile’s Treasury Minister Mario Marcel, Economy Minister Nicolás Grau and InvestChile Director Karla Flores. They will share their perspectives alongside international figures such as Chief Economist for the Latin America and Caribbean Region at the World Bank William Maloney and Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) Rebeca Grynspan.

The schedule also includes two panels with representatives of foreign companies. The first will explore the role of foreign investment as a catalyst for smart solutions, with leaders from HIF Global, AES Andes, Google and AB InBev. The second will explore the experiences of companies such as SoftServe, Pacific Hydro Chile, Enel Chile and Mercado Libre that will address reinvestment and expansion strategies in Chile.

The event will be broadcast live to the entire world via streaming at www.investchileforum.cl. 

Source: InvestChile