Why Chile Is Chasing Tech Over Copper
Aug 3, 2018 | 09:30 GMT
(JOSE LUIS STEPHENS/Shutterstock)
- Chile will seek to diversify its economy away from a dependence on copper by becoming a technology hub in South America.
- Chile’s new visa system for technology workers and entrepreneurs will make the country more attractive to tech giants like Amazon, which are seeking to make large-scale investments.
- Large technology investments require massive upgrades to Chile’s power grid, but the country is likely to succeed in making such improvements in concert with other South American countries.