Chile seeks more Malaysia investment

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Santiago de Chile
Skyline of Santiago de Chile

The South American nation of Chile, one of the strongest economies on the continent, is hoping for more Malaysian investments into the country, according to Chile’s ambassador to Malaysia, Christian Rehren.

He said at a media briefing in Kuala Lumpur on April 4 that Malaysian investments in Chile were still negligible so far and had the potential to grow further especially with the growing ties between the two countries. For the past 30 years, Malaysian direct investments in Chile amounted to just $23 million.

Among the Malaysian companies that are investing in the country are Packet One Networks, which won a multi-million contract to supply wireless Internet to rural areas across Chile, and DXN, which focuses on instant beverages and coffee.

Talking on investment opportunities, he said among the potential sectors that provide vast opportunities for Malaysian investors include construction, information and technology and mining. On construction, he said the country will be opening tenders for the expansion of international airport in Santiago, an area where Malaysian construction players can tap into.

Chile, which is 4,300 kilometers long from the border with Peru in the north to the Strait of Magellan in the south, is rich in mineral and marine resources in the north and with fisheries and forest resources in the south and has an agricultural and industrial hub in the central region.

 

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Reading Time: 1 minute

Skyline of Santiago de Chile

The South American nation of Chile, one of the strongest economies on the continent, is hoping for more Malaysian investments into the country, according to Chile’s ambassador to Malaysia, Christian Rehren.

Reading Time: 1 minute

Santiago de Chile
Skyline of Santiago de Chile

The South American nation of Chile, one of the strongest economies on the continent, is hoping for more Malaysian investments into the country, according to Chile’s ambassador to Malaysia, Christian Rehren.

He said at a media briefing in Kuala Lumpur on April 4 that Malaysian investments in Chile were still negligible so far and had the potential to grow further especially with the growing ties between the two countries. For the past 30 years, Malaysian direct investments in Chile amounted to just $23 million.

Among the Malaysian companies that are investing in the country are Packet One Networks, which won a multi-million contract to supply wireless Internet to rural areas across Chile, and DXN, which focuses on instant beverages and coffee.

Talking on investment opportunities, he said among the potential sectors that provide vast opportunities for Malaysian investors include construction, information and technology and mining. On construction, he said the country will be opening tenders for the expansion of international airport in Santiago, an area where Malaysian construction players can tap into.

Chile, which is 4,300 kilometers long from the border with Peru in the north to the Strait of Magellan in the south, is rich in mineral and marine resources in the north and with fisheries and forest resources in the south and has an agricultural and industrial hub in the central region.

 

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