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ARTICLE · 01 FEBRUARY 2019

The Ministry Of National Assets Announces A New Tender Process Plan

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President Piñera's administration has announced the creation of a new initiative to promote investment and increase transparency in the adjudication processes of state-owned lands for the purpose of installing productive projects.

ChileStrategy
Juan Mackenna
Juan Mackenna
José Miguel Bustamante
José Miguel Bustamante

President Piñera's administration has announced the creation of a new initiative to promote investment and increase transparency in the adjudication processes of state-owned lands for the purpose of installing productive projects.

This is the twelfth version of the Tender Process Plan that the Ministry of National Assets ("Ministry") has issued. The main areas that will be promoted for land use are the following:

  • 32% of the state-owned land will be used in industrial processes.
  • 23% of the state-owned land will be used for tourism, environmental conservation and national heritage.
  • 18% of the state-owned land will be used for commercial and residential purposes.
  • 6% of the state-owned land will be used for the development of real estate projects.

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