Trade and finance

Conference in London to promote investment in Chile

The Chilean finance minister and business leaders will meet with their British counterparts and the London mayor for Chile Day 2012 this September.

Thursday, September 06, 2012 Category: Business
The financial district of the Chilean capital, known as ‘Sanhattan.’ Photo: Miguel Angel Labarca The financial district of the Chilean capital, known as ‘Sanhattan.’ Photo: Miguel Angel Labarca

Chilean Finance Minister Felipe Larraín, leading Chilean entrepreneurs, and key stakeholders of Chile’s financial community are headed to London next week for Chile Day 2012, an annual event organized by the private not-for-profit organisation, InBest.


The delegation will meet with Lord Mayor of the City of London Alderman David Wootton and leading U.K. investors, first in the official residence of the Lord Mayor, Mansion House, on September 11, and again the following day at the Institute of Directors.


The annual conference is held to promote foreign investment in Chile, and to secure Santiago’s position as a financial hub of South America.


"InBest, along with the Chilean Ministry of Finance, the British Embassy in Santiago and the ProChile office in London, is delighted to be once again hosting the Chile Day conference in support of investment in Chile," said Guillermo Tagle, director of InBest. “We are excited to deliver the message of Chile’s investment potential to U.K. investors and businesses."


Chile’s delegates aim to draw attention to the benefits that the Andean nation can offer foreign investors through in-depth discussions on the attributes, main regulations, opportunities and challenges facing the Chilean economy.


"The economy of Chile has proven to be robust throughout these troubled financial times and has continued to grow at a steady and stable rate since 2004,” Larraín said before the conference.


"As a nation, we are eager to introduce U.K. investors to the favorable financial conditions and amenable government policies that can be enjoyed here. Chile is becoming an important financial hub for a region that remains an under-utilized resource for foreign investment."


The conference aims to dispel traditional stereotypes of Latin America, highlighting the fact that Chile is one of the world’s lowest risk countries in which to invest according to international rating agencies, and ranks ahead of countries such as France, Japan, China - and even the U.K. - in the Economist Intelligence Unit (EIU) index.

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