Fresh Produce Discussion Blog

Created by The Packer's National Editor Tom Karst

Friday, April 27, 2007

Chile's the best

It is nothing the produce industry already didn't know, but the World Economic Forum has recently ranked Chile as the top Latin American country relative to its attractiveness for private investment in infrastructure. The best were Chile, Brazil, Colombia and Peru, while the least attractive were Venezuela, Bolivia and the Dominican Republic.

Here are the scores:

Rank Country Score
1 Chile 5.432
2. Brazil 4.403
3. Colombia 4.334
4. Peru 4.235
5. Mexico 4.046
6. Uruguay 4.027
7. El Salvador 3.978
8. Guatemala 3.649
9. Argentina 3.4110
10. Venezuela 3.3711
11. Bolivia 3.3412
12. Dominican Republic 3.33

The factors measured by the score macroeconomic environment, legal framework, political risk, past track record on private investment, financial markets and relationship between government and society.


In other news about Chile, China surpassed the U.S. in the first quarter of the year as the number one overall export destination for all Chilean exports. Hot demand for copper and last year's free trade agreement helped fuel the growth in China shipments.

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