#News | Despite the complex global economic situation, #Chile has made progress in several areas, but not enough. This week the Central Bank announced that between January and December 2022, the country received US$17.1 billion in foreign direct investment (FDI). According to InvestChile analysis, this is 12% higher than the total FDI for the same period in 2021, 36% higher than the five-year average of US$12,617 million and 23% higher than the average of the historical series 2003-2022 (US$13,921 billion).
While equity participation was the main component of FDI flow during the period, reaching US$ 9,084 million, it was followed by reinvestment of profits, with US$ 6,664 million. Debt instruments accounted for US$ 1,358 million.
Although the Chilean government stated that this was a good sign for the local economy, it is important not to lose sight of the implementation of dynamic actions that contribute to position Chile as an attractive focus for global and, especially, regional investment. In this sense, adequate conditions must be provided so that these indexes continue to improve.
Legal counsel needs a broad, critical and attentive view of these matters.