Rare materials, mechanics, infrastructures. Chile hub for SMEs in Latin America
Assocamerestero: favorable industrial and tax policies for those who invest. Marocchino (Italian Chamber in Chile): "Great opportunities for SMEs that want to invest in the long term"
Italy's businesses are overlooking Chile as an investment opportunity in Latin America, despite its stable politics and economy, and business-friendly environment. The new government of José Antonio Kast Rist has launched an economic plan to boost industrial investments, including foreign ones, by reducing taxes and simplifying regulations.
An EU-Chile trade agreement, in effect since February 2025, has eliminated tariffs on most European exports and streamlined trade rules. Italy is currently Chile's ninth-largest supplier, with 1.3 billion euros in exports, mainly in industrial goods such as machinery, chemicals, and construction materials. There are 274 Italian companies operating in Chile, generating 6.6 billion euros in revenue and employing 15,900 people.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
