BHP says more stability in Chile will spur investment

The company said it maintains a plan to invest US$10bil (RM44.3bil) in Chile over the next 50 years but added that the investment requires the “right financial certainty and right regulatory certainty”. — Reuters

SANTIAGO: Greater financial and regulatory stability in Chile would encourage BHP Group to invest more in the country, the company’s head of the Americas, Rag Udd, says.

“The fact is, there are some challenges in terms of the investment climate in Chile at the moment,” Udd said. “We would desperately like to resolve those challenges to help find a climate in which we can continue to invest here.”