chile's investment facilitation policy...edison solar 350 mw plant, atacama desert. fdi in...
TRANSCRIPT
![Page 1: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/1.jpg)
Chile's Investment Facilitation Policy: Domestic Aspects and International Cooperation
Héctor Casanueva
Ambassador
Permanent Representative of Chile to the WTO, WIPO,
UNCTAD and ITC
The Port of Valparaíso, Valparaíso.
![Page 2: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/2.jpg)
1/ Statistics
![Page 3: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/3.jpg)
FDI in Numbers
Between 1990-2015
US$217,5 billion of FDI entered in Chile
Edison Solar 350 Mw Plant, Atacama Desert.
![Page 4: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/4.jpg)
FDI in Chile, 2004-2014 US$ billions
Fuente:
Central Bank
of Chile.
The influx of FDI increased by 14,2% in 2014. According CEPAL (Economic Commision for Latin America), Chile was the only economy in Latin America and the Caribbean that increased their FDI during 2014.
![Page 5: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/5.jpg)
FDI Inflows 2014 - 2015 (Billions of dollars)
Chile Nº17 (2014) Nº19 (2015)
Source: World Investment Report, UNCTAD, 2016.
Punta Palmeras Acciona - 45 MW Municipality of Canela
![Page 6: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/6.jpg)
2/ Objectives and
Investment Policy Areas:
![Page 7: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/7.jpg)
Chile Aims for Investment that:
Adds value to our export sector. Creates competition in highly concentrated markets.
Creates quality jobs, and allows for human capital to grow with
continuous training.
Points towards sustainable growth.
Creates clusters with local actors.
Spurs technological development and innovation.
Reaches various industries and regions of the country.
ALMA observatory US$B 1.4 Atacama Desert.
![Page 8: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/8.jpg)
Investment Liberalization
Investment Protection
Investment Promotion
Investment Facilitation
Investment Policy Areas
![Page 9: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/9.jpg)
3/ Investment Facilitation
![Page 10: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/10.jpg)
Regulatory Transparency and Predictability Domestic Level
Strong policy principles enshrined in the Constitution:
Non Discrimination, Rule of Law, Property Protection, Access
to Legal Remedies, No Tax Without Law, Free Enterprise.
Transparent regulation-making processes
Law on Transparency and Access to Public Information (2009)
First Lobbying Law in Latin-America (2009)
Torres Del Paine, Patagonia.
![Page 11: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/11.jpg)
Isidora Goyenechea, Santiago.
Trade Agreements
Double Taxation Avoidance Agreements
Regulatory Transparency and Predictability International Level
![Page 12: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/12.jpg)
New Investment Promotion Agency with competence on Investment Facilitation
Source:
UNDP
University of Concepción Concepción.
PRE- INVESTMENT stage
• sector-specific and legal advice
• key information for decision making
• field visits
• advice on accessing a subsidy for pre-investment studies.
LANDING stage
• advice for the installation of companies
• access to regional support networks
• advice on applying for sector specific funds
AFTERCARE services
• management of enquiries
• scheduling of meetings
• information for reinvestment
• assistance for exporting products.
![Page 13: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/13.jpg)
International Cooperation
![Page 14: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/14.jpg)
International Cooperation
Chapters on Transparency and Regulatory Improvement: • Committee on Regulatory Improvement
• Intergovernmental Cooperation Activities
![Page 15: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/15.jpg)
International Cooperation
![Page 16: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/16.jpg)
International Cooperation
Experience sharing between Investment Promotion
Agencies
![Page 17: Chile's Investment Facilitation Policy...Edison Solar 350 Mw Plant, Atacama Desert. FDI in Chile, 2004-2014 US$ billions Fuente: Central Bank of Chile. The influx of FDI increased](https://reader035.vdocuments.net/reader035/viewer/2022071517/613a45470051793c8c00f28b/html5/thumbnails/17.jpg)
Thank you
Héctor Casanueva
Ambassador
Permanent Representative of Chile to the WTO, WIPO,
UNCTAD and ITC
Llanquihue Volcano Puerto Varas