PKF Doing Business in Chile
Chile has a special link between the Asia-Pacific region and
the countries of the East Coast of South America (Brazil,
Argentina, among others). The Chilean economy has evident
advantages in the exploitation of some primary products such
as those from mining.
With its rich reserves of metal and non metalminerals Chile has
a privileged position amongst the mining nations of the world. Its
vast deposits of high grade ores contain a relevant percentage of
the world's reserves of certain minerals like copper, rhenium and
molybdenum. Important amongst its non-metal reserves are nitrates,
iodine, sulfur and lithium. Forestry is also important and the main
specie planted is Insignis Pine (one of its comparative advantages
lies in Chile's climatic and geographical conditions that make the
tree grow faster). This activity has been encouraged through tax
exemptions and financial incentives. Due to its longest coastlines
in the world, over 2,400 miles, renewable marine resources are very
important too. Its variety of climates along the country allows a
varied agricultural activity.
Chile has a first class network of highways and roads, seaports
and domestic and international airports that connect almost every
place of the territory and the world. Chile enjoys a modern and
efficient telecommunication system.
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