• The ministers of transport and public works led a series of activities to incentivize the participation of Spanish companies in the Chilean market.

As part of InvestChile Week Europe 2025, a delegation of officials, led by the Minister of Public Works, Jessica López; the Minister of Transport and Telecommunications, Juan Carlos Muñoz; InvestChile Director, Karla Flores; and the Acting Director of Concessions, Claudio Soto, carried out a full agenda of activities in Madrid aimed at strengthening relations with Spanish companies and presenting investment opportunities in strategic sectors.

During the morning, the Chilean authorities held 15 bilateral meetings with Spanish companies from sectors including infrastructure and construction, railways, engineering, technology services, telecommunications, green hydrogen, and energy, among others, that showed interest in learning more about Chile’s regulatory framework, tender models, and opportunities for collaboration.

The day concluded with a seminar titled “Investment Opportunities in Latin America’s Hub,” held at the headquarters of the Spanish Confederation of Business Organizations (CEOE) and co-organized by InvestChile with support from the Chilean Embassy in Madrid and export promotion agency ProChile Spain. The event featured the participation of the Chilean Ambassador, Javier Velasco; President of the CEOE, Antonio Garamendi; and over a hundred local business leaders and investors.

A strategic destination

At the event, Jessica López highlighted the participation of Spanish companies in the Chilean market, with 35 contracts valued at more than US$7.9 billion. She also presented the portfolio of 15 new public-private partnership (PPP) concessions to be tendered shortly, valued at over US$8.0 billion. These include high-impact initiatives such as the Alto Hospicio-Iquique cable car, the Valparaíso-Santiago train, and key highway projects throughout the country.

“We have a robust tender plan in addition to the tenders we have carried out during this administration. This pipeline of tenders is probably the most important thing we have to safeguard to ensure it never slows down, consistently maintaining a significant portfolio.

We have no shortage of works that we need to develop. That is what we have done during this administration, and we are committed to ending our term with a record number of tenders,” the minister told attendees.

Meanwhile, Juan Carlos Muñoz wrapped up his last day in Europe by sharing Chile’s vision for electromobility, railway development, and smart urban transport, along with tenders that open cooperation opportunities with Spanish and European technology and engineering firms.

“We have held multiple meetings during our visits to Berlin, Hamburg, and Madrid, where together with InvestChile we have been showcasing projects related to surface public transportation, electric buses, and terminals for Santiago and the rest of the country, as well as projects linked to the Santiago Metro expansion. Along these lines, there are also technology projects such as electronic fare collection, fleet management systems, passenger information systems, and railway projects. In Madrid, we have had very promising meetings with Spanish companies like Ineco, the Swiss train company Stadler, and others relevant to our country’s transportation system,” he commented.

Chile’s third-largest investor

Karla Flores provided an overview of the Chilean economy, its main sectors, and key reforms to facilitate investment, in addition to highlighting the participation of foreign companies in the country. “Spanish investors know our economy and high-potential sectors very well. Even so, it is important to keep them updated on both legislative changes and the most recent opportunities. That is why we have been presenting our new ‘Public Infrastructure Investment Opportunities Portal,’ which includes relevant information and documentation on public infrastructure projects currently being tendered, as well as holding meetings with companies interested in technology, green hydrogen, and many other areas,” she said.

It is worth noting that Spain is the third-largest investor in Chile, with a foreign direct investment stock of US$20.7 billion in sectors such as financial services, energy, communications, and infrastructure.

InvestChile Week Europe 2025, led by InvestChile, has featured more than 40 activities in London, Paris, Berlin, Zurich, Milan, Rome, and Madrid, with the goal of strengthening institutional and business relations between Chile and European countries.