Trade Resources Industry Views Chile Encouraged China to Invest on Its Mining Industry

Chile Encouraged China to Invest on Its Mining Industry

Chile said that they encouraged China to invest on their mining industry in a fair national legal system.

Chile's legal system is fair and equitable for foreign investors (tax), which will ensure the safety and stability for investors; It is very easy to invest in
Chile, because the tax system is relatively simple (national tax).
 
Chilean Ambassador Luis Schmidt said in the interview with EFE that the Chilean Mining Minister pointed out that in the next three or four years, the total mining projects in Chile will exceed 104 billion dollars, equivalent to the total investment of the entire Latin American Mining about 70%, so Chinese enterprises is likely to invest in Chile mining investment. At present, China's purchase of Chile's copper accounts for 50% of its total production, in addition, China also buy other minerals such as molybdenum, iron, gold, and silver and so on.
 
In May 2013, the first session Expomin exhibition will be held in Bei Jing, the exhibition will focus on mining and mining technology and knowledge of the world platform, and will focus on the mining investment in Latin America.
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Topics: Metallurgy