Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities.
U.S. companies are generally respected for the high quality of their products and services and known for their innovation. Energy costs in Chile are among the highest in South America and Chile needs 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) 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. There is also significant private sector involvement in education, retirement/pensions, health care, and prisons.
While Chile is a small market relative to its neighbors, many U.S. companies consider Chile to be an excellent platform for doing business in the Southern Cone. Peru, for example, has received significant attention from Chile-based retail companies, mining companies, and agriculture interests.
Leading opportunities for U.S. exports of equipment and services include energy (particularly renewables), healthcare, safety and security, environmental technologies, agricultural equipment, water resources, high-value food products, telecommunications, mining, automotive parts, and construction industries.