InvestChile Reports Surge in Foreign Investments: Green Hydrogen Leads the Way
Key Ideas
- InvestChile announced a record-breaking portfolio of foreign investment projects in Chile, totaling US$56.2 billion in 2024, with a significant focus on green hydrogen initiatives.
- The energy sector, with investments amounting to US$36.8 billion, saw a remarkable surge of 131% compared to the previous year, contributing to job creation and economic growth.
- The United States led in the origin of investor companies, with US$20.5 billion invested, followed by Austria and Canada, signifying a diverse range of countries participating in Chile's development.
- The growth in investments not only reflects confidence in Chile as an investment destination but also underscores the country's commitment to becoming a key player in the global green hydrogen industry to combat climate change.
InvestChile, the agency promoting foreign investment in Chile, disclosed a remarkable achievement in 2024 with a record-breaking portfolio of US$56.2 billion, a 68% increase from the previous year. The surge was primarily driven by projects related to the green hydrogen industry, totaling US$25.6 billion. The agency highlighted the creation of over 21,000 potential direct jobs, particularly in the energy sector, which experienced a substantial growth of 131%. Noteworthy was the diverse sectoral distribution of investments, with energy, mining, and global services leading the way. The United States emerged as the primary country of origin for investor companies, with US$20.5 billion, followed by Austria and Canada. The rise in foreign investments in Chile signifies confidence in the country's economic stability and potential for growth. Moreover, the strategic focus on green hydrogen projects underlines Chile's commitment to sustainable development and combating climate change on a global scale.
Topics
Cities
Job Creation
Energy Sector
Economic Growth
Foreign Investment
Employment Opportunities
Investment Sectors
Investor Countries
Portfolio Diversity
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