InvestChile Reports Record Foreign Investment in Chile's Energy Sector with Focus on Green Hydrogen
Key Ideas
- InvestChile announced a record US$56.2 billion in foreign investment projects in Chile in 2024, with the energy sector leading at US$36.8 billion.
- The significant growth, especially in green hydrogen projects totaling US$25.6 billion, highlights Chile's commitment to sustainable fuel production and combating climate change.
- US companies were the top investors with US$20.5 billion, followed by Austria and Canada, showcasing international confidence in Chile's investment opportunities.
- Job creation prospects also saw substantial growth across sectors, with global services, mining, and energy leading in potential job opportunities.
InvestChile, the agency promoting foreign investment in Chile, reported a historic high of US$56.2 billion in foreign investment projects in 2024. The portfolio included 474 projects, with the energy sector accounting for US$36.8 billion, with notable growth in green hydrogen projects reaching US$25.6 billion. InvestChile Director, Karla Flores, emphasized Chile's commitment to becoming a key player in green hydrogen. The investments outside of Santiago Metropolitan Region amounted to US$49.5 billion. Job creation potential was significant, with global services and technology leading with 8,325 potential jobs, followed by mining and energy sectors. The United States, Austria, and Canada were the top countries of origin for investment, with US companies leading at US$20.5 billion. The increase in investment from various countries, including Saudi Arabia, indicates growing international confidence in Chile's investment landscape.
Topics
Projects
Climate Change
Sustainability
Job Creation
Green Energy
Global Markets
Economic Growth
Foreign Investment
Investor Companies
Latest News