Chile is making significant strides towards becoming a global leader in green hydrogen production by heavily investing in the region of Magallanes. The government's focus on green hydrogen projects and associated infrastructure developments is expected to substantially increase the region's GDP contribution from 1% to 10% within a relatively short period of 7-10 years. Governor Jorge Flies envisions Magallanes as a hub for cutting-edge scientific research, green energy initiatives, and global connectivity, offering lucrative tax benefits and incentives to attract investors. Notable projects include a massive $11 billion green ammonia production and export facility, as well as upgrades to port terminals totaling $100 million. Additionally, a $60 million project for shared logistics infrastructure for green hydrogen has received environmental approval. President Gabriel Boric has reaffirmed the government's commitment to making green hydrogen a central state policy and ensuring a smooth energy transition. By working on a regulatory framework to enhance investor confidence and reduce risks, Chile aims to create a favorable environment for long-term investments in the green energy sector, signaling a positive outlook for the country's sustainable development and economic growth.