Chile is actively adjusting its investment offerings to cater to the needs of Asian investors, particularly those from Japan and South Korea [ea573ba6]. Japanese companies have made significant investments in Chile's mining, forestry, and food sectors, with a focus on producing high-value processed foods and ensuring a stable supply of critical products. Chile's renewable energy sources and abundant reserves of critical minerals make it an attractive destination for investors. There is also interest in testing new lithium extraction technologies and participating in energy storage projects [ea573ba6].
Chile not only offers natural resources but also boasts solid public policies that align with investors' requirements for optionality, sustainability, and competitiveness. The country is open to South Korean and Japanese firms with experience in infrastructure projects. However, there are challenges such as language barriers and complex tender processes that need to be addressed [ea573ba6].
InvestChile, Chile's investment promotion agency, plays a crucial role in understanding the interests and needs of investors and providing solutions to expedite their decision-making and establishment in the country. Foreign companies in Chile significantly contribute to tax revenues, employment, and higher average incomes. Increased Asian investment has the potential to further boost these figures [ea573ba6].