Services - October 2007
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Send to friend  This Summer, ProChile, the Trade Commission of Chile, partnered with CORFO, Chile’s Economic Development Agency, to conduct a Silicon Valley media tour to promote Chile as the “nearshore destination of choice for IT and BPO” services. It was a profitable trip and resulted in coverage in the San Jose Mercury News and other outlets. This Fall, we will be doing it again in New York, meeting with multinational corporations and influential media outlets to further publicize Chile’s technology market as a venue for foreign direct investment (FDI) in IT and BPO services. Below please find information on the October 2007 Media Tour, recent and upcoming missions to the U.S., Chilean Week in Los Angeles and news about Chile’s October events, Business Opportunities in Chilean Biotech and Clinical Trials Sectors and Investing in Chile: Opportunities in the Real Estate and Tourism Markets. We look forward to keeping you informed about investment and technology opportunities in Chile.
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Upcoming Missions/Events |
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New York Media Tour During the week of Oct. 22, ProChile and CORFO will conduct a tour targeting top-tier business and technology media in New York. Like previous tours, the purpose of the tour is to publicize Chile’s value proposition to North American multinational corporations (MNCs), while positively positioning the Latin American market within the global shared services industry and Chile within the Latin American market. Unlike previous tours, we will be building the “Chile as nearshore destination story” by offering the media a chance to speak with officials from ProChile, CORFO and the private sector (i.e., Innovation Forum, ACTI, AMCHAM) about the current business climate, experiences and new opportunities in Chile. We will provide a recap of the tour in our next newsletter so stay tuned! |
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Investment Mission to the U.S. October 22-26, 2007 During the week of Oct. 22, the Chilean Economic Development Agency (CORFO) along with the Innovation Forum and the Chilean Association of Information Technology Companies (ACTI) will carry out a public-private mission to meet with U.S. MNCs in an effort to position Chile as a competitive nearshore destination for IT and international services investments (e.g., shared services centers, hi tech centers, and other captive or outsourced operations). Over the course of the week, we will meet with numerous MNCs to understand their business requirements for consolidating Latin American operations, current nearshore/offshore operations, and future plans. We will present Chile’s nearshore advantages, MNC success stories and government grants program to the MNCs. |
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Internationalization of ITC Services in the U.S. Market October 22-26, 2007 ProChile along with the Chilean Association of Information Technology Companies (ACTI) and the Chilean Economic Development Agency (CORFO) will carry out a second mission with seven ITC companies in the context of ProChile’s program of internationalization of ITC services in the U.S. market. The main objective of this visit is to gain first hand knowledge of the market in the aim of achieving business opportunities in the future. The companies will be visiting the Interop New York, Outsource World, Mobile Business, and VoiceCon exhibitions and conferences, which are taking place from Tuesday, Oct. 23, to Thursday, Oct. 25, at the Jacob Javits Convention Center (more info at www.interop.com). Additionally, on Monday, Oct. 22, we will have a consultant present a research paper on exporting ITC to the U.S. and on Friday we plan to visit Rensselaer Polytechnic Institute’s Incubator Program and one of the companies that was launched by the Program. |
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Business Opportunities in Chilean Biotech and Clinical Trials Sectors October 23, 2007, Boston The Embassy of Chile to the U.S. and Chile’s Economic Development Agency (CORFO) will be hosting a conference designed to give MNCs, investors, academics and governmental organizations a comprehensive overview of Chile’s biotech and clinical trials sectors. Attendees will hear from Ambassador Fernández, officials from CORFO and a cross section of Chilean companies about offshore and regional operations opportunities in Chile. Attendees will also hear about the Chilean Government’s grants and incentives available to organizations pursuing investment and R&D opportunities in biotech and clinical research. For more information or to register for the conference, please contact Mrs. Jessica Delgado at prochile@embassyofchile.org or 202.530.4121. You may also register online at www3.corfo.cl/biotech. |
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Investing in Chile: Opportunities in the Real Estate and
Tourism Markets November 8, 2007, Miami
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Fast Fact: Chile continues to be ranked as a top Latin American location for business Chile was ranked first among Latin American markets (and on par with developed countries) in the World Bank's "Governance Matters 2007" report. |
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Recent Missions/Events |
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Building Bridges Between Chile and Los Angeles October 10, 2007, Los Angeles Ms. Viviana Araneda, Trade Commissioner of Chile in Los Angeles, and Mr. Gary Toebben, President and CEO of the Los Angeles Chamber of Commerce hosted a breakfast to showcase opportunities for engaging Chile as a business partner. As part of a larger Chilean Week of activities in Los Angeles, business leaders were invited to find out what Chile has to offer a global business partner. Mr. Mateo Budinich, President of AMCHAM Chile gave a presentation on “Doing Business in Chile,” and Mr. Nicolo Gligo, Executive Director of the Chilean Development Agency (CORFO) presented opportunities for “Investing in Chile.” Mr. Brian Peck, Counsel for International Trade, Crowell Moring LLP, provided an overview on the Chile–U.S. Free Trade Agreement and how to create opportunities and manage risks to improve a company's bottom line. Finally, Mr. Leonel Vivallos, Chief of Development and Project Bidding, Ministry of Public Works of Chile spoke about “Investment in Chilean Public Infrastructure.” |
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Chilean Mission to California June 14-19, 2007 In June, the Chilean Development Agency (CORFO) along with the Innovation Forum, the Chilean Association of Information Technology Companies (ACTI) and Fundacion Chile carried out a public-private mission to the Silicon Valley area and San Diego, California. During the mission, we met with MNCs to present Chile as a competitive platform for IT and service investments. In addition to individual meetings with MNCs, the mission held events in both locations in conjunction with local IT industry organizations and analyst firms to better showcase the Chilean opportunity for Californian businesses. |
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Contact Us |
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Please feel free to contact Constanza Donoso, hightechchile@corfo.cl with questions about Chile as an investment location for shared services, IT development, technical support, and repair and assembly facilities. About ProChile ProChile Los Angeles About CORFO |
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