Representatives of more than 100 companies from 28 countries will meet in Santiago May 15-17. The forum is the largest of its kind held in the country. Companies will participate with more than 60 projects associated with the creation of 3,000 permanent jobs.

"Foreign companies see Chile as a safe destination to undertake new projects and expand existing operations," said InvestChile Director Karla Flores.

InvestChile, the Chilean Investment Promotion Agency, welcomed the results of the latest ECLAC report.

"We secured investments totaling US $12,296 million for Chile last year, which created over 5,300 jobs, an increase of 32% over 2021. This reaffirms foreign investors' confidence in Chile," said Karla Flores, the Agency Director.

According to InvestChile's analysis, this is 36% higher than the five-year average of US$12.617 billion and 23% higher than the average for the 2003-2022 historic series (US$13.921 billion).

The Chilean Foreign Investment Promotion Agency has launched a new publication to facilitate investment by Japanese companies in Chile

InvestChile director, Karla Flores, stated that "at the agency we are continuing to work to attract investors whose projects will generate a positive impact on our population - with more and better jobs, increased technology and opportunities for professional training and development - and contribute towards Chile's sustainability."

The projects managed by the Chilean Foreign Investment Promotion Agency entail a total of 17,578 potential jobs, 49% more than for those registered during the same period last year.

InvestChile director, Karla Flores, stated that 'the figures are a good indication of the dynamism of foreign investment and corroborate the high-interest companies have in continuing to develop business in Chile.'

Karla Flores is an economist and holds a master's degree in Applied Macroeconomics from the Universidad Católica de Chile. She is the first woman to hold the position of InvestChile's managing director since its foundation in 2016.

The director of InvestChile, Andrés Rodríguez, indicated that the figures are in line with the results of the agency's portfolio of projects in 2021 when it grew by 25% to US $28 billion.

Chile's foreign investment promotion agency tallied up US$28 billion in projects, the highest figure recorded over its five-year history.

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). 

The report includes figures and projections to encourage foreign companies to invest in energy projects in Chile

Chile led the Global Opportunity Index 2021, published by the Milken Institute, which identified it as the region's most attractive country for foreign investment.

Chile led the Global Opportunity Index 2021, published by the Milken Institute, which identified it as the region's most attractive country for foreign investment.

In the case of the country of origin of the foreign investment supported by the Agency, the United States returned to the top place, with projects for US $4,487 million, which represented an increase of 61% in 2019.

In the case of the country of origin of the foreign investment supported by the Agency, the United States returned to the top place, with projects for US $4,487 million, which represented an increase of 61% in 2019.

The Minister of Mining, Baldo Prokurica, headed the Chilean delegation to this year's PDAC trade show where he launched a book with details of 40 mining investment projects in Chile

The director of InvestChile, Cristián Rodríguez, indicated that the figures are in line with the results of the agency's portfolio of projects in 2019 when it grew by 31% to US$18,448 million.

The director of InvestChile, Cristián Rodríguez, commented that Silicon Valley companies are seeking new global poles of innovation and technology in a bid to expand their market reach and see Chile as the best option in the region

Amid signs that foreign direct investment (FDI) is rising again in India

Seoul marked the largest foreign direct investment (FDI) in Korean history during the first half of this year. As comparison to USD 2.8 billion in the first half of last year, FDI in Seoul increased by 13.9% year on year (YoY) to USD 3.2 billion.

Bangalore - Feb 02 - Lex Valorem is a corporate consulting services company offering legal and company secretarial services to corporates during their various growth phases.

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