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Chile, advantages and opportunities

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About Chile Chile, land of opportunities Investments Our export line-up

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Слайд 1Chile, advantages and opportunities

Chile, advantages and opportunities

Слайд 2


About Chile
Chile, land of opportunities
Investments
Our export

line-up

About Chile Chile, land of opportunities Investments Our export line-up

Слайд 3

About Chile

About Chile

Слайд 4CHILE A DIVERSE COUNTRY

CHILE A DIVERSE COUNTRY

Слайд 5
ASTRONOMICAL CAPITAL OF THE WORLD

Natural laboratory of unique conditions, with

more than 330 cloudless nights per year.
68% of global astronomy

infrastructure shall be located in Chile by 2018, with an
investment of USD 6 billion
ASTRONOMICAL CAPITAL OF THE WORLDNatural laboratory of unique conditions, with more than 330 cloudless nights per year.68%

Слайд 6OTHER NATURAL LABORATORIES
Chile is one of the most seismically active

countries in the world, making it a unique location for

development and testing of seismic engineering.

The Atacama Desert is a unique location for development of solar energy, it has the highest rate of radiation in the world and it is the driest desert - with places where it has not rained in more than 400 years.

Punta Arenas is the nearest access port to Antarctica, placing it as a logistical and strategic center for development of science, tourism and fishing in the Antarctic.

OTHER NATURAL LABORATORIESChile is one of the most seismically active countries in the world, making it a

Слайд 732,6%
(MFN 220%)
6,2%
(MFN 10%)
15,5%
(MFN 35%)
12,3%
(MFN 20%)
9,5%
(MFN 15%)
9,2%
(MFN 11%)
2,9%
(MFN 6%)
0,98%

(MFN 6%)
UNILATERAL TARIFF REBATE
FTA

MERCOSUR

FTA
EU

FTA
USA

FTA CHINA

(*) Exports from 2003 to 2010 were calculated with the average copper price from 1987 – 2003 = 0,965 US$/Lb (**) Import Tariff (Weighted Average).

EXPORTS*
(copper at constant prices)

EXPORTS

NON COPPER EXPORTS

EFFECTIVE IMPORT TARIFF **

FTA
JAPAN

FTA
KOREA

Source: DIRECON, Central Bank, National Customs Service, UNCTAD & Santiago Chamber of Commerce.

ECONOMY AND FOREIGN TRADE

32,6%(MFN 220%)6,2%(MFN 10%)15,5%(MFN 35%)12,3%(MFN 20%)9,5%(MFN 15%)9,2%(MFN 11%)2,9%(MFN 6%)  0,98%  (MFN 6%)UNILATERAL TARIFF REBATEFTA

Слайд 8ECONOMY AND FOREIGN TRADE
Chile´s GDP grew by 6% in 2011
Source:

ECLAC, Central Bank of Chile. MERCOSUR ON LINE.
Since 1985 the

GDP growth rate has surpassed the average growth rate in the region. However, there has been a decrease in the speed of growth during the last period.
Objective: to gain the speed of growth in order to reach 6%.

ECONOMY AND FOREIGN TRADEChile´s GDP grew by 6% in 2011Source: ECLAC, Central Bank of Chile. MERCOSUR ON

Слайд 9Chile, un país abierto al mundo
ECONOMY AND FOREIGN TRADE
A country

with an open economy: 22 Free Trade Agreements with 59

countries.

63% of world´s population

86% of the world´s GDP

93% of Chile´s export markets

Chile, un país abierto al mundoECONOMY AND FOREIGN TRADEA country with an open economy: 22 Free Trade

Слайд 10ECONOMY AND FOREIGN TRADE
Chile has signed Double Tax Avoidance Agreements

with 24 countries

ECONOMY AND FOREIGN TRADEChile has signed Double Tax Avoidance Agreements with 24 countries

Слайд 11Source: Central Bank of Chile.
Exports - Imports
2009-2011
(USD million)
Sustained growth of

Chilean trade with the world

ECONOMY AND FOREIGN TRADE

In 2011, Chilean

exports rose 17% compared to 2010.

In 2011,Chilean imports grew 32% compared to 2010.
Source: Central Bank of Chile.Exports - Imports2009-2011(USD million)Sustained growth of Chilean trade with the worldECONOMY AND FOREIGN

Слайд 12ECONOMY AND FOREIGN TRADE
Source: ProChile based on Chilean Customs’ figures

ECONOMY AND FOREIGN TRADESource: ProChile based on Chilean Customs’ figures

Слайд 13
ECONOMY AND FOREIGN TRADE

Source: ProChile based on Chilean Customs’ figures

ECONOMY AND FOREIGN TRADESource: ProChile based on Chilean Customs’ figures

Слайд 14Main Destinations Total Exports (USD million FOB)
Source: Central Bank of

Chile.
ECONOMY AND FOREIGN TRADE
South America, Central America & Caribbean

Africa, Oceania

& other
Main Destinations Total Exports (USD million FOB)Source: Central Bank of Chile.ECONOMY AND FOREIGN TRADESouth America, Central America

Слайд 15Main destinations Non – Traditional Exports (USD million FOB)
Source: ProChile

based on Chilean Customs’ figures

ECONOMY AND FOREIGN TRADE

Main destinations Non – Traditional Exports (USD million FOB)Source: ProChile based on Chilean Customs’ figuresECONOMY AND FOREIGN

Слайд 16FOREIGN TRADE - SECTORS
Source: ProChile based on Central Bank of

Chile´s figures
Services considers only code 0025.0000 “Services considered for export.“

FOREIGN TRADE - SECTORSSource: ProChile based on Central Bank of Chile´s figuresServices considers only code 0025.0000 “Services

Слайд 17Chile, land of opportunities

Chile, land of opportunities

Слайд 18According to the latest international rankings and reports from organizations

like the OECD, World Bank and The Economist Intelligence Unit,

Chile has been recognized as:

The most stable and secure country in South America
A good partner to do business
A country open to the world that promotes free trade


Ernst & Young placed Chile among the countries with the fastest growing economy, along with China, India, Russia and Brazil.

According to the recent 2012 version of the "Doing Business" ranking, Chile advanced from place 62 to 27 in the index of business start ups.

LAND OF OPPORTUNITIES

According to the latest international rankings and reports from organizations like the OECD, World Bank and The

Слайд 19Best Countries for Business 2011
Source: Forbes.
Chile best country to do

business in Latin America

Santiago, third best city to do business

in Latin America

Urban Competitiveness Index
Source: Revista América Economía, 2011.

LAND OF OPPORTUNITIES

Best Countries for Business 2011Source: Forbes.Chile best country to do business in Latin AmericaSantiago, third best city

Слайд 202012 Index of Economic Freedom
Source: The Heritage Foundation (http://www.heritage.org/index/)
Chile is

one of the 10 countries with a high percentage of

economic freedom.

LAND OF OPPORTUNITIES

Economies

(7th among 184 economies )

2012 Index of Economic FreedomSource: The Heritage Foundation (http://www.heritage.org/index/)Chile is one of the 10 countries with a

Слайд 21Corruption Perceptions Index 2011
(22nd among 183 economies )
Source: Transparency International,

2011 (www.transparency.org)
Among the least corrupt countries in the world with

high levels of transparency.

LAND OF OPPORTUNITIES

Corruption Perceptions Index 2011(22nd among 183 economies )Source: Transparency International, 2011 (www.transparency.org)Among the least corrupt countries in

Слайд 22Source: IMF
RELATIVE SIZE OF LATIN AMERICA ECONOMIES GDP, CURRENT PRICES (US$

BIILIONS, 2011)

Source: IMFRELATIVE SIZE OF LATIN AMERICA ECONOMIES GDP, CURRENT PRICES (US$ BIILIONS, 2011)

Слайд 23INFLATION IN LATIN AMERICA (AVERAGE CONSUMER PRICES 2006-2011, PERCENT CHANGE)
Source: IMF

INFLATION IN LATIN AMERICA (AVERAGE CONSUMER PRICES 2006-2011, PERCENT CHANGE)Source: IMF

Слайд 24GENERAL GOVERNMENT NET DEBT (PERCENT OF GDP, 2012E)
Source: IMF

GENERAL GOVERNMENT NET DEBT (PERCENT OF GDP, 2012E)Source: IMF

Слайд 25CORPORATE TAX COMPARISION 2011 (%)
OECD ECONOMIES
Source: OECD.

CORPORATE TAX COMPARISION 2011 (%)OECD ECONOMIESSource: OECD.

Слайд 26DOING BUSINESS RANKING 2012
EASE OF DOING BUSINESS
Source: World Bank.

DOING BUSINESS RANKING 2012EASE OF DOING BUSINESSSource: World Bank.

Слайд 27INVESTMENT RATE IN LATIN AMERICA
(AS % OF GDP, 2011)
Source:

INVESTMENT RATE IN LATIN AMERICA (AS % OF GDP, 2011)Source: IMF

Слайд 28Source: www.standardandpoors.com
Chile maintains "A +" by Standard & Poor's 2012

Chile's

ratings are supported by the low level of fiscal debt,

political stability and a very flexible and strong economy.

Projections:

A low level of fiscal debt, along with growing local financial markets should support the stability and growth of GDP in Chile, despite the growing external uncertainty and potentially slow global growth in coming years.

LAND OF OPPORTUNITIES

Source: www.standardandpoors.comChile maintains

Слайд 29Investments

Investments

Слайд 30During the past 25 years Foreign Direct Investment (FDI) has

played a key role in Chile´s economic growth and development.
Maintaining

its upward trend, FDI has helped to increase Chile’s competitiveness, not only through resources and new markets but also through technological development and specialized know-how.

A PLACE TO INVEST IN

During the past 25 years Foreign Direct Investment (FDI) has played a key role in Chile´s economic

Слайд 31Foreign Direct Investment (FDI) in Chile (6,9% average as %

of GDP)
Source: Central Bank of Chile (www.bcentral.cl)
Successful track record

of foreign investment

A PLACE TO INVEST IN

Foreign Direct Investment (FDI) in Chile  (6,9% average as % of GDP)Source: Central Bank of Chile

Слайд 32Source: Foreign Investment Committee
Foreign Direct Investment in Chile: By sector.
A

PLACE TO INVEST IN
Materialized Foreign Investment D.L. 600 By

Sector 1974-2011
USD 82.021 million
Source: Foreign Investment CommitteeForeign Direct Investment in Chile: By sector.A PLACE TO INVEST IN Materialized Foreign Investment

Слайд 33Fuente: DIRECON
DUTY FREE ZONES

Chile has Duty Free Zones in the

cities of Iquique and Punta Arenas.


These are comprised of:

Industrial parks
Logistics center
Shopping centers

The DFZs emerge as international business and industry centers in strategic geographic areas.
Fuente: DIRECONDUTY FREE ZONESChile has Duty Free Zones in the cities of Iquique and Punta Arenas. These

Слайд 34The special tax regime for companies operating in DFZs involves:

Exemption

from payment of duties, taxes and other charges for goods

entered to Duty Free Zones and marketed within it

Exemption from VAT (19%), import tariffs (maximum 6%) and specific taxes.

Exemption from Value Added Tax (VAT) for operations of DFZ users.

Exemption for First Category Tax .

ADVANTAGES OF OPERATING IN DUTY FREE ZONES IN CHILE

EXTRATERRITORIAL CUSTOMS SYSTEM of Duty Free Zones of Chile allows goods that have entered the DFZs to be regarded as if they were abroad.

DUTY FREE ZONES

The special tax regime for companies operating in DFZs involves:Exemption from payment of duties, taxes and other

Слайд 35Source: DIRECON
CHILEAN INVESTMENT ABROAD

Source: DIRECONCHILEAN INVESTMENT ABROAD

Слайд 36Fuente: DIRECON
CHILEAN INVESTMENT ABROAD

Fuente: DIRECONCHILEAN INVESTMENT ABROAD

Слайд 37OUR EXPORT LINE UP

OUR EXPORT LINE UP

Слайд 38FOOD AND FORESTRY DEVELOPMENT

FOOD AND FORESTRY DEVELOPMENT

Слайд 39N° 1 world exporter of:
Blueberries
Grapes
Plums
Dehydrated apples
Trout
Pacific salmon
Second world exporter of:
Avocado
Cherries
Frozen

raspberries
Prunes
Atlantic salmon
Source: ProChile, information from International Trade Centre..

FACTS & ACHIEVEMENTS

OF THE FOOD INDUSTRY
N° 1 world exporter of:BlueberriesGrapesPlumsDehydrated applesTroutPacific salmonSecond world exporter of:AvocadoCherriesFrozen raspberriesPrunesAtlantic salmonSource: ProChile, information from International Trade

Слайд 40ACHIEVEMENTS OF THE CHILEAN FOOD INDUSTRY
Fuente: Chilealimentos AG
Every day worldwide…

16.9

million people enjoy a glass of Chilean wine;
6.0 million enjoy

a portion of Chilean salmon;
8.6 million have a glass of Chilean juice;
8.5 million have preserved fruits and vegetables;
4.9 million people enjoy a portion of Chilean dehydrated fruit;
1.7 million people have Chilean frozen fruit.
ACHIEVEMENTS OF THE CHILEAN FOOD INDUSTRYFuente: Chilealimentos AGEvery day worldwide…16.9 million people enjoy a glass of Chilean

Слайд 41ATTRIBUTES OF SERVICES SECTOR DEVELOPMENT
Source: ProChile based on Central Bank

of Chile´s figures
Services exports in 2011 totaled around USD 12.406

million, an increase of 15% over 2010, reaching 13% of our exports.



Chile is the country with the highest penetration in telecommunications in Latin America, with 17% in Broadband and 116% in Mobile Phones. In 2010, Chile reached the highest connectivity index in Latin America.
(Source: DHL Global Connectedness Index)
ATTRIBUTES OF SERVICES SECTOR DEVELOPMENTSource: ProChile based on Central Bank of Chile´s figuresServices exports in 2011 totaled

Слайд 42GLOBAL PLAYER IN COPPER
With its copper production Chile has become

the heart of mining industry development in South America.
From 15

world leading engineering offices in mining, 11 of them have branch offices in Chile.
The development of Chilean suppliers of goods and services for the mining industry has generated an export line up of excellent quality and competitiveness, generating WORLD - CLASS professionals.

GLOBAL PLAYER IN COPPERWith its copper production Chile has become the heart of mining industry development in

Слайд 43TOURIST ATTRACTIONS

TOURIST ATTRACTIONS

Слайд 44FOR FURTHER INFORMATION

FOR FURTHER INFORMATION

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