Launches new plan aiming to increase FDI

On 12 September 2022, the Government of Chile launched its new plan to stimulate investment, especially FDI, in the country. The “Let’s Invest in Chile” plan is a package of measures that aims to increase investment by five percentage points in 2023. The plan includes 28 measures divided into six areas of action:

• Providing tax incentives for private investment: including tax incentives for the copper sector and investment projects with a multiplier effect and green projects.
• Improving access to financing;
• Improving public investment;
• Promoting foreign investment; including the reopening of InvestChile offices in Europe and North America;
• Enhancing the effectiveness of regulation and permit procedures;
• Promoting public-private partnerships for investment.

• Type:

  • Promotion and facilitation (Investment facilitation )
  • Promotion and facilitation (Investment facilitation , Investment incentives)

• Industry:

  • Not industry specific

• Sources:

  • Gob.cl ( Government of Chile), Chilean Government launches the “Let’s Invest in Chile” plan, which aims to increase investment through 28 specific measures, https://www.gob.cl/en/news/chilean-government-launches-the-lets-invest-in-chile-plan-which-aims-to-increase-investment-through-28-specific-measures/, 12 Sep 2022
  • Ministerio de Hacienda, Plan invirtamos en Chile, https://www.hacienda.cl/areas-de-trabajo/politicas-microeconomicas/plan-invirtamos-en-chile/documentos/minuta-con-detalle-de-medidas, 09 Sep 2022