Chile remains premier destination for foreign investment

first_imgAccording to the Government of Chile, during the recent PDAC Convention in Toronto, Canada, “the mining and investment community showed support for Chile as a premier destination for foreign investment. Chile is a strong, stable economy that is attracting investment and interest from across the world.“Chile’s innovative culture and well educated workforce supports a strong and progressive quality of life and positions the country as a highly attractive destination for mineral exploration and mining investment. The quality and scale of the country’s deposits attracts the world’s premier mining companies including Glencore, Anglo American, BHP Billiton, Barrick Gold, Teck, Antofagasta Minerals and Rio Tinto all with investments in Chile.”At the convention, Chile’s Minister of Mines, Ms Aurora Williams met with several of her counterparts from around the world as well as media and private companies to discuss key issues facing the mining industry including innovation, the environment and global trade. The Minister spent considerable time with stakeholders promoting the region and the strong mineral potential within Chile. With 11 key project offerings through The Chilean National Mining Corp, ENAMI (see, Chile remains a premier destination for exploration and mining investment.Chile is consistently highlighted as one of the best destinations for foreign investment globally. In its World Investment Report 2016, the United Nations Conference on Trade and Development ranked Chile as the world’s 19th largest destination for foreign direct investment (FDI). In 2015, Chile ranked seventh among developing and transition economies with a total of more than $20 billion in foreign investment. Chile also leads all Latin American countries on several key indices including the Global Competitiveness Report 2016-2017, The Global Innovation Index 2016, 2015 Female Entrepreneurship Index, and Business Environment Rankings 2014 – 2018 as well as many others. “Each of these points to a progressive economic and social climate that reinforces the country’s stable and progressive environment.”last_img read more