InvestChile Reports Surge in Foreign Investment Projects with Emphasis on Green Hydrogen Growth
Key Ideas
- InvestChile's portfolio reached US$56.2 billion in 2024, showing a 68% increase from the previous year, with a significant focus on green hydrogen projects.
- The energy sector led the investment with US$36.8 billion, followed by mining and global services. Job creation potential also showed growth across various sectors.
- United States topped the list of foreign investors with US$20.5 billion, followed by Austria and Canada, indicating a positive trend in foreign investment in Chile.
- Chile aims to become a major player in the green hydrogen industry, leveraging its natural conditions for clean and sustainable fuel production, contributing to global climate change efforts.
InvestChile, Chile's public agency promoting foreign investment, announced a remarkable surge in foreign investment projects in 2024, reaching US$56.2 billion, a 68% increase from the previous year. The energy sector dominated investments with US$36.8 billion, reflecting a growing interest in green hydrogen projects. The agency supported 474 projects, showing a strong commitment to job creation with over 21,000 potential direct jobs. Notably, Chile aims to excel in green hydrogen production, attracting significant investments totaling US$25.6 billion, positioning itself as a key player in the international green energy market. The United States emerged as the leading country of origin for investment, contributing US$20.5 billion, followed by Austria and Canada. This surge in foreign investment is a positive sign for Chile's economy, with projects spanning various sectors like mining, global services, and technology. With a strategic focus on sustainable energy initiatives, Chile is on track to play a crucial role in combating climate change globally.