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AmericasOctober 31 2022

Chile’s economic minister bets on foreign investment

The Banker meets Nicolás Grau, Chile’s economy, development and tourism minister, in London. Mr Grau is on a European tour which attempts to attract investment to the country. The Chilean government recently presented a plan titled “Invirtamos en Chile” (Let’s invest in Chile) which aims to boost total investment by at least 5 percentage points during 2023. 
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Chile’s economic minister bets on foreign investmentImage: Getty Images

Q: Do you have any specific measures to attract foreign investment?

A: We are planning specific measures to attract foreign investment. These include, for example, a tax credit for projects with a clear green focus. This is one example of the plan, which has 28 measures. It is really a broad plan to try to address all steps of an investment, from the first phase of elaborating a project, through environmental evaluation, to financing and delivery. We have envisioned measures to accelerate the process of investment in each of these steps. 

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Barbara Pianese is the Latin America editor at The Banker. She joined from Mergermarket, where she spent four years covering mergers and acquisitions across Europe with a focus on the consumer sector. She holds an MA in International and Diplomatic Affairs from the University of Bologna having studied in Brazil and France as well.
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