OPORTUNIDADES Y NEGOCIOS CHILE - SUIZA

MINING
Chile is a leading player in the international mining
industry. Mining companies plan to invest USD
74,000 million in the country by 2024. Annual
expenditure by mining companies on ancillary
services exceeds USD 15,000 million. Furthermore,
at least 4,600 mining suppliers exist in Chile,
including world-class companies.
Opportunities:
• New generation projects to meet the increase
in demand of regulated and unregulated
customers. Until 2025, 45% of new electric
generation capacity will come from NCRE.
• Distributor supply tenders for regulated customers.
Opportunities:
• For the period 2014-2020, there exists a potential
concessions portfolio of more than USD 9,900
million that includes airports, highways, reservoirs, etc.
• Between 2014 and 2020, there will be strong
investment in regional infrastructure projects for a
total amount of USD 18,000 million.
The country holds 28% of the world’s copper
reserves (USGS 2012) and is also the world’s largest
copper producer (32%), and the sixth largest silver
producer. In addition, the country produces natural
nitrates (100%), iodine (58%) and lithium (45%).
Chile must advance from being an exporter of
minerals and become an exporter of mining services
to boost the mining industry as a whole.
Opportunities:
• Equipment and supplies.
• Engineering and consulting.
• Construction.
• Production support services.
• Use of Chile as a platform to export to other
countries in the region.
ENERGY
To satisfy the increase in energy demand, the country
requires both new conventional energy projects
implemented in accordance with sustainability
criteria and non-conventional renewable energy
projects (NCRE). There are opportunities for
renewable energy as NCRE will account for 45% of
new electricity generating capacity between 2014
and 2025. The use of liquid natural gas (LNG) will be
promoted to replace diesel in electricity generation
as well as for industrial and residential purposes.
Chile has an installed capacity of 19.5 GW (net
capacity, June 2015) across four grids – the Central
Interconnected Grid (SIC), the Northern
Interconnected Grid (SING) and the smaller Aysén
and Magallanes networks. The SIC accounts for most
of the country’s net power. In 2014, gross power
generation in the SIC and SING reached 69,895 GWh,
an increase of 2.7% compared to 2013.
Chile needs to diversify its energy matrix, bring new
players into the market and consolidate its energy
independence, efficiency and sustainability.
INFRASTRUCTURE
Chile has a portfolio of potential regional
infrastructure and concession projects through to
2020 that are worth USD 18,000 million and USD
9,900 million, respectively.
Since the tender of its first concession project, the
Ministry of Public Works has implemented more
than USD 14,000 million in road, airport and public
building infrastructure, which has helped to
improve people’s quality of life, strengthening the
connectivity and also the competitiveness of the
different productive sectors.
Chile needs to improve its infrastructure to
achieve development and enhance connectivity
with neighboring markets to maximize its export
presence in the region.
In 2014, the government presented its
“Infrastructure, Development and Inclusion
Agenda”, the most ambitious public works portfolio
of the last 10 years, worth USD 28,000 million, with
direct investment and through concessions.
AGROBUSINESS
Chile is one of the world’s 15 leading food exporters.
The sector offers opportunities in fruit and
agriculture, wine and grape byproducts, olives, meat
and milk byproducts, salmon, ancillary industries,
processed foods and biotechnology applied to the
food industry.
In 2014, Chile’s agribusiness exports reached USD
16,000 million, accounting for 21% of the country’s
total exports.
Chile is one of the world’s only five macrozones with
a Mediterranean climate, offering excellent
conditions for fruit growing. In addition, the
country’s length and climate diversity permit
year-round production as well as supporting the
different forms of animal and vegetable life that
underpin the diversity of its agricultural industry.
The natural barriers that protect Chile and transform
it into a phytosanitary and zoosanitary island, mean
that it is a country free of pests.
Opportunities:
• A coastline that stretches for over 4,300 km
offering a variety of conditions for aquaculture,
including the country’s emblematic salmon
industry.
• A market for Chilean food products already exists
all around the world.
• Primary production of fresh fruit for export
(walnuts, cherries and berries).
• Production of special wines for niche markets.
The Foreign Investment Committee (CIEChile) is the
agency that represents the State of Chile in its
dealings with foreign investors and helps to position
Chile as a highly attractive destination for foreign
investment and international business through its
role in matters related to the administration and
communication of the corresponding legal norms,
the development of promotional activities of
different types and the preparation of information
concerning foreign investment for investors and
potential investors.
Contact CIECHILE:
www.ciechile.gob.cl
18 CÁMARA CHILENO-SUIZA DE COMERCIO
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