Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities.
Chileans continue to view U.S. products and services to be of the highest quality and innovative. Some of the best opportunities will be in high-value projects requiring innovative solutions, such as 5G technology and applications, data analytics, public transportation platforms, and smart grid technologies.
Energy costs in Chile are among the highest in South America and Chile is taking steps to expand its installed capacity to meet demand over the next decade. As such, Chile is searching for technology and capital to increase supply through new energy generation (exclusively renewable, such as green hydrogen) and energy efficiency.
Chile looks to leverage private sector involvement in public works projects and infrastructure via concessions and will continue to use this strategy going forward. Chile has privatized much of its infrastructure and basic services, such as ports, highways, transportation, and water supply. Although there are proposed constitutional changes and bills in Congress that might limit private sector involvement, there is continues to be private sector involvement in education, retirement/pensions, health care, and telecommunications.
Leading opportunities for U.S. exports of equipment and services include clean energy, healthcare, safety and security, environmental technologies, agricultural equipment, water resources, high-value food products, telecommunications, automotive parts, mining equipment, and urban transportation.