Trade Shows » Country » Chile » Santiago

Business Overview
Santiago besides being the industrial and economic center of Chile, is also one of the main financial centers of South America. The city generates around 45% of country's GDP.

Chile is the largest producer of copper in the world and due to strong growth and stability of Chilean economy in recent years, many multinational companies have chosen Santiago as the place for their headquarters. This has brought several renowned international brands into the region including HP, Reuters, Intel, Coca-Cola, Nestle, Kodak, IBM, Motorola, Microsoft, Ford, Yahoo and many more.

Some international institutions like ECLAC (Economic Commission for Latin America and the Caribbean) have also set up their offices in Santiago.

Presently, construction sector is booming in the city with several mega projects still under-construction like Costanera Center, Titanium La Portada, many other office as well as hundreds of high rise residential buildings.

Trade Show industry is an another important sector of the economy with various global business exhibitions like Expo Agua Residuos & Ambiente, Edifica and Expoquim taking place here. Santiago is dotted with several high profiled expo and convention venues like Centro Cultural Estacion Mapocho and Espacio Riesco, which successfully host much of these events.

Major Business Centers
Santiago Stock Exchange (SSE):
Founded in 1893, SSE is Chile's most dominant stock exchange trading in stocks, bonds, investment funds, stock options, futures, gold and silver coins minted by the Banco Central de Chile and US dollars on Telepregon.

The settlement for shares is T+2 whereas stock market indices are General Stock Price Index (IGPA), Selective Stock Price Index (IPSA) and Inter-10 Index.

Major Commercial Areas
Providencia:
Spread on the area of 14.4 km², Providencia is a small administrative division of Santiago Province, Santiago Metropolitan Region. Part of Greater Santiago, the region is bordered by Santiago to the west, Recoleta to northwest, Las Condes & Vitacura to northeast, La Reina to east and Nunoa to the south.

The area is home to many high-rise apartment buildings as well as a significant portion of Santiago's commerce. It also includes Barrio Suecia, an area filled with pubs, nightclubs and Barrio Bellavista.

The north of Providencia is its financial and commercial district, which is centered on Providencia Avenue, a major shopping street.