Chile has taken significant steps to incorporate biotechnology into its economy. Through a powerful range of initiatives, including a new regulatory framework and economic incentives, Chile seeks to develop a world-class biotechnology sector that leverages its global advantage as one of the main producers and exporters of natural resources with high value added products.

Biotechnology development is a strategic priority for Chile. It is expected to contribute to Chile’s economic leadership by helping increase productivity, reduce production costs and increase product quality across a variety of sectors.

Chile, based upon a collaborative private and public joint effort, is committed to creating a desirable location for biotechnology in Latin America. Foreign companies are encouraged to use Chile as a platform for their new developments in biotechnology.