Political stability, sound macroeconomic management and a favorable

framework for private sector make Chile an attractive place to start

when looking to do business in Latin America. Despite its emerging
status, the country ranks alongside the most developed economies
today. It is characterized by its business-friendly environment, as well
as its open and competitive economy.
2014
Santiago de Chile,
November 11-12
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A unique opportunity to promote your Clean Energy Solutions in Chile
Chile commits to increase
renewable energy from 6%
of the production matrix
today to 20% in 2025.
Chile stands out as an opportunity
in the energy sector. It has a
deregulated, diversied energy market
with one of the highest per capita
renewable energy potentials in the
world. The energy market is mature
with high prices due to increasing
demand pressures. Chile needs to
expand and diversify its energy supply
matrix as its energy demand rapidly
grows. According to estimations,
Chilean energy demand will double
over the next 10 years. In order to
meet the demand, to remain
competitive in the mining sector, and to
continue to attract foreign capital
inows, considerable new energy
investments are needed. Chile has
recently committed to increase
renewable energy from 6 % of the
production matrix today to 20 % in
2025, and market opportunities are
expected to expand.
The Nordic embassies in Chile and their
Business Promotion Agencies will
organize a Nordic sustainable energy
seminar in Chile in order to showcase
Nordic companies know-how and
experience when it comes to a variety
of sustainable energy solutions. Chilean
authorities, large local developers and
international players that see the
Nordic players as potential
cooperation partners will participate.
The seminar will also take a closer look
at the promising prospects in the
Chilean energy sector for Nordic
actors. Nordic investors, developers
and suppliers that are doing business in
Chile, or looking to do so, are invited.
Key Topics:

Chiles energy framework and

panorama

Energy Efciency

Renewable Energy
Seminar Program
And business facts about Chile,
please see page 2
With a commitment to have 20% of the energy-matrix deriving from Non
Conventional Renewable Energy sources by 2025, Chile offers an excellent
business opportunity for Nordic Investors and Clean Energy providers.
NORDIC
Organized by:
FOR MORE INFORMATION:
Finland:
Maria.Ala-Kaila@npro.
Denmark:
verped@um.dk
Norway:
Inger.Hammersmark.Ulleberg@mfa
.no
Sweden:
Tomas.Korseman@business-
sweden.se
Chile - the most attractive Latin American
country to do business in
According to the latest
Business Environment
rankings published by The
Economist Intelligence Unit
(EIU), Chile currently ranks
34 among the most
attractive countries to do
business in, based on an a total of 189
countries.
Chiles position, with respect to attractive-
ness for investment, clearly exceeds that of
all other countries in Latin America, in all of
the dimensions under evaluation. This is due
to a constant average economic growth of
5% per year in the last decade, the
exceptional levels of macro-economic
stability reached by the country, a solid
nancial system, low ination, low debt in
relation to the Internal Gross Product a
healthy budgetary surplus and almost
no political risk. Furthermore it is worth
to notice that Chile has zero import duty on
products produced in the EU.
Chile is a safe and secure place to do
business, with strong institutions and laws to
protect investors. In Chile, investors have the
benet of a stable and business-friendly
government. Chiles report card for nancial
security boasts that Standard & Poors gave
them an AA+ credit rating.
Transparency and low
corruption
Chile tops the list in Latin America for
political security, scal policy, transparency
and business atmosphere, following 20 years
of stable growth and democracy.
Chile consistently fares well in the Corruption
Perceptions Index published each year by
Transparency International, and 2013 was no
different. In the latest rankings released, the
international organization scored Chile a
71 on a scale of 0 to 100, with 0 being
very corrupt and 100 being very
transparent.
The CPI denes corruption as the abuse
of entrusted power for private gain and
rankings are based on 17 different surveys
and assessments from 13 institutions to
measure the populaces perception of abuse
of public power and bribery of public
ofcials.
Chile enjoys a sterling reputation for
transparency at home as well as abroad,
The ranking put Chile in the top 25 most
transparent countries in the world, and
secured its spot as one of the most
transparent country in Latin America, only
succeeded by Uruguay.
The CPI ranking was topped by Denmark
and New Zealand with a score of 91. The
nations were followed by Finland and
Sweden (89), and Norway (86) and Ireland
nishing up at 72, just ahead of Chile.
Chile at a glance 2014

Population: 17.4 million

GDP per capita (PPP) : US$18.400

Ination (CPI): 3 %

Latin Americas second largest FDI

recipient.

South Americas only OECD member

country

55 free trade agreements covering 90% of

the world market.

5% average GDP growth over the last 20

years which is expected to continue.

World Bank Doing Business 2014 rank:

34 (of 189)

Index of Economic Freedom 2014 rank:

7 (of 178)

Standard & Poors credit rating: AA+

The worlds biggest copper producer.

New renewable energy legislation:

20 % renewable energy by 2025.
Nordic Clean Energy Solutions
Tentative Program
Location:
Hotel Grand Hyatt Santiago
Av. Kennedy 4601
Las Condes
Santiago
DAY 2, November 12
(half day)
Sector specific site visits
(to be confirmed)
DAY 1, November 11
Part 1: (9:00 - 11:00 hours)
Chiles energy framework and
panorama.
Part 2: (11:45 - 14:00 hours)
Sector specific seminars:

Energy Efficiency

Renewable Energy
Networking lunch (14:00)