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The President made this statement at the event that brings together more than 100 representatives of companies from 28 countries with investment projects worth US $4 billion. SANTIAGO, Chile, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Over 100 representatives of companies from 28 countries with 56 investment projects worth US $4 billion and 1,900 potential jobs are participating in the InvestChile 2022 International Forum, which is Chile's most important event for attracting foreign investment. InvestChile is the government agency responsible for promoting Chile in the global market as a destination for foreign direct investment. The event was inaugurated this morning by the President of the Republic, Gabriel Boric, together with the Economy, Development and Tourism Minister, Nicolás Grau, and the InvestChile Director, Karla Flores. The President referred to Chile's potential to attract new investments since it offers tremendous opportunities and institutional solidity "that will help us to progress and improve the quality of life of our people, while making a global contribution. This requires reactivating the economy, where foreign investment plays a tremendously important role. Greater investment is synonymous with new jobs, which will restore peace of mind to thousands of families who have suffered as a result of our economic downturn, due to the COVID-19 crisis and the global economic slowdown", said President Boric. Good news for Foreign Investment Minister Grau confirmed that the Forum is an extremely important opportunity for Chile to reinforce its commitment to foreign investment. "As you are well aware, despite difficulties worldwide, this has been a good year for Chile in terms of foreign investment. However, Chile has tremendous potential due to its institutional strength, its physical and digital infrastructure and because Chile can clearly combine the fight against the climate change with economic dynamism and greater investment in a totally exceptional manner", said the Secretary of State. Karla Flores is the InvestChile Director, and she sees the forum as a sign that foreign companies have a positive, long-term interest in investing in Chile. "We are fully committed as an agency to attracting investment projects to Chile so they can positively benefit our entire business ecosystem, add dynamism to our markets, generate greater competition, improve service quality and citizen access in key industries, all of which will improve the quality of life for Chilean citizens", said Ms. Flores. The first such Forum was held in 2014. It aims to provide participating companies with first-hand knowledge of emerging investment opportunities, new economic strategies and foreign investment policies in Chile. This is the sixth Forum and projects here focus on the Circular Economy, Global Services, Fintech, Tourism and Green Hydrogen. The companies that have submitted the most investment initiatives were from the USA, France, Argentina and Japan. Contact Information: Claudio Álvarez Head of Communications at InvestChile calvarez@investchile.gob.cl Denisse Vásquez Journalist at InvestChile dvasquez@investchile.gob.cl Related Images Image 1: President Boric President Boric at InvestChile Forum 2022
Registration is open until October 21 for international companies that wish to participate in the International InvestChile Forum. The 2019 edition brought together organizations from 21 countries with more than $7.2 billion in projects. SANTIAGO, Chile, Oct. 14, 2022 (GLOBE NEWSWIRE) -- The 6th International InvestChile Forum is set to take place in Santiago on Dec. 5-7. This event - the most important of its kind in Chile - will be held in-person for the first time since 2019 and is expected to attract over a hundred multinational companies. The forum will include a plenary session with 450 attendees, which will be chaired by the President of Chile, Gabriel Boric. Participants with a range of perspectives will discuss the investment situation in a context of uncertainty and global challenges, local prospects for business development, and cases where foreign investment is being used to develop solutions for sustainability and inclusion in Chile. Among the contributors from Chile who have confirmed their participation are Economy Minister Nicolás Grau, Treasury Minister Mario Marcel, and InvestChile Executive Director Karla Flores. Representatives from Séché Group (France), Aquafil (Italy), Phibion (Australia) and AWS (United States) will also take part. Representatives from the Mining Ministry, Energy Ministry and Public Works Ministry are also expected to participate and will announce investment opportunities within their respective portfolios. Why should companies apply? As part of the event, InvestChile will stage exclusive breakout sessions, where foreign companies will have the opportunity to meet directly with relevant authorities and key players from specific sectors, who will give them first-hand information about the market, public portfolios, projections and country plans for these industries. The sectors that will be addressed are Global Services and Technology, Fintech, Circular Economy, Green Hydrogen and Tourism. A matchmaking session is also planned, where foreign companies will be able to meet potential partners and local suppliers. "We wanted to include sectors that represent good investment opportunities in Chile, and which require foreign investment to help us take a leap in quality, speed up our development, and enhance the sustainability of our economy, as well as job creation. This is without neglecting the opportunities presented by the more traditional sectors," stated InvestChile Executive Director Karla Flores. More than one hundred companies from 21 countries participated in the last in-person edition of the event held in 2019, bringing more than US $7.2 billion in projects and taking part in more than 200 matchmaking meetings. Foreign companies interested in participating in the activities and B2B meetings in person can apply until October 21 here. Contact Information: Claudio Álvarez Head of Communications at InvestChile calvarez@investchile.gob.cl Related Images Image 1: InvestChile Forum The 6th International InvestChile Forum will take place in Santiago on December 5, 6 and 7, with a view to strengthening Chile's position as a foreign investment destination and promoting new high-value sectors. This content was issued through the press release distribution service at Newswire.com.
The Chilean Foreign Investment Promotion Agency has launched a new publication to facilitate investment by Japanese companies in Chile SANTIAGO, Chile, Sept. 08, 2022 (GLOBE NEWSWIRE) -- In order to make it easier for Japanese companies to invest in Chile, the Foreign Investment Promotion Agency InvestChile has launched a new edition of its "How to Invest in Chile" Investor's Guide in Japanese. Published online, the step-by-step guide is designed to serve as a "roadmap" for companies considering Chile as a potential destination for investment. "At InvestChile, we feel that cultural differences, mainly in terms of language, can be narrowed in these times of greater connectivity and globalized business. In this context, our new 'How to Invest in Chile' investor's guide fills a clear gap with regard to potential Japanese investors: the lack of official material in their own language," said Karla Flores, the recently appointed director of InvestChile. "In the new guide, you can find all the basic step-by-step information for setting up your company, from the tax structure to environmental permits and labor laws. In this way, as an agency, we are helping to bridge the gap between the two countries' business culture in a context of Japanese companies' growing interest in our country," she added. With 14 chapters that include legal and commercial matters, the guide in Japanese is available here. Main source of Asian investment "Japanese companies have been present in Chile for decades and are characterized by their high level of sophistication," said the director of InvestChile Karla Flores. She emphasized that the opportunities Chile offers for Japanese companies include the development of solar energy, information technologies, mining equipment, functional foods and special interest tourism. "We want these companies which are in higher value-added sectors to come to Chile; that is the main reason we opened the InvestChile office in Tokyo and we are now publishing our investor's guide in Japanese," added Flores. Japan is the world's third-largest economy and Chile's principal source of investment from Asia. According to Chilean Central Bank figures, Japan is one of the largest players in the country with investments totaling more than US$3,131 million in 2020. Over 60 Japanese companies currently have operations in Chile. Do you want to expand your business to Latin America? Contact us here to learn about the advantages of installing your business in Chile. Press Contact: Denisse Vásquez dvasquez@investchile.gob.cl Related Images Image 1: How to Invest in Chile Step-by-Step Guide for Foreign Investors This content was issued through the press release distribution service at Newswire.com.
KUCHING, Malaysia, June 4, 2024 /PRNewswire/ -- The Premier of Sarawak, Datuk Patinggi Tan Sri Abang Johari Tun Openg, is set to deliver the keynote address at the official launch of the Asia Pacific Green Hydrogen (APGH 2024) Conference & Exhibition on the 10th June 2024. The event will take place at the Borneo Convention Centre, Kuching, Sarawak. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg (middle) discusses the final preparations for APGH 2024 with Deputy Minister for Energy and Environmental Sustainability, Datuk Dr. Hazland Abang Hipni (fourth from left), and the Borneo Business Connect organising team during a courtesy call at his office. The APGH 2024, organised by Borneo Business Connect, commence from 10 to 12 June 2024, will gather approximately 700 delegates from 27 countries. Over the course of three days, attendees will have the opportunity to network and share insights with industry specialists, experts, and investors across 24 conference tracts. "Trade visitors to the exhibition will also have the opportunity to attend technical talks presented by participating specialists," said the APGH 2024 organiser in a statement following a courtesy call at the Premier's office. During this meeting, Abang Johari was briefed on the final arrangements of APGH 2024 led by Deputy Minister for Energy and Environmental Sustainability, Datuk Dr. Hazland Abang Hipni. The conference will feature 54 speakers who will cover a broad spectrum of topics, including case studies, policy and regulatory, technology, green financing, applications, country insights, and panel sessions. Notable speakers include: Prof. Christoph Menke, Professor and Senior Energy Advisor, University of Applied Sciences Trier, Germany Dr. Michaela Kendall, CEO, Adelan Limited Peter Cockroft, Director, Asia-Pacific Net-Zero Institute Pte Ltd Julian Critchlow, Advisory Partner, Bain & Company Vicente Pinto, Counsellor for Investment Affairs – Asia, InvestChile Alongside the conference, an exhibition featuring 91 companies from 15 nations will show case Sarawak's Green Hydrogen mega projects consisting H2biscus, H2ornbill and Rembus. Amongst the exhibiting companies are Eneos, Ice Petroleum, Korean National Oil Corporation, Lotte, PETRONAS, RECODA, Sumitomo, Samsung, Swagelok, and RECODA. Entry to the trade exhibition is free. For registration and further details on APGH 2024, please visit www.hydrogenapac.com. For further information, kindly contact: Borneo Business Connect Sdn BhdEmail: corporate@borneobizconnect.com Website: www.hydrogenapac.com
"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. SANTIAGO, Chile, Feb. 16, 2023 (GLOBE NEWSWIRE) -- InvestChile is Chile's Foreign Investment Promotion Agency, and its portfolio was valued at US $28,345 million as of December 2022, comprised of 476 foreign investment projects at various stages of development. This figure is 2% higher than as of December 2021, when it was US $27,776 million. Employment associated with the projects financed by the agency totaled 18,866 jobs. US $12,296 million of the total portfolio has been invested in installed initiatives and projects under development in Chile. These 95 projects have created over 5,300 jobs, which represents 32% more than in 2021 and they are already adding to our economy. "Despite a challenging local and global economic outlook, we managed to close 2022 with positive figures by number of projects, as well as by value and number of associated jobs. 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, InvestChile Director. The Energy sector once again led the portfolio with 62 projects valued at US $11,536 million, followed by the Global and Technology Service sectors with US $7,070 million, then Mining and mining suppliers with US $5,191 million. The countries represented in the project portfolio were led by the USA with projects valued at US $8,174 million, an increase of 49% over 2021. China was in second place with US $4,673 million in projects, while third place went to Canada with projects valued at US $2,806 million. Green hydrogen InvestChile together with the Energy Ministry reinforced their support during 2022 for foreign companies interested in investing in green hydrogen projects, after the success of the first public invitation to develop production plants in Chile, which was tendered in late 2021. Thus, the agency was supporting 18 projects valued at US $29,600 million at the close of 2022, from companies in the USA, France, Germany, Spain, Japan, Austria and Norway. Although these projects are supported by the agency, they have not yet become part of InvestChile's portfolio, as they are still at an early stage prior to environmental assessment. Contact Information: Denisse Vásquez Journalist at InvestChile dvasquez@investchile.gob.cl Claudio Álvarez Head of Communications at InvestChile calvarez@investchile.gob.cl Related Images Image 1: Karla Flores Karla Flores, InvestChile Director
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