Chile flavors Hannover Fair

Besides the traditional technological contributions from Europe, North America, and the Pacific Rim, an added flavor of South America was in the air at Hannover Industrial Fair '99. Much of this was due to the presence of the fair's partner country, Chile, and its 1,700-m2 pavilion housing 85 small and large companies.

By Staff June 1, 1999

Besides the traditional technological contributions from Europe, North America, and the Pacific Rim, an added flavor of South America was in the air at Hannover Industrial Fair ’99. Much of this was due to the presence of the fair’s partner country, Chile, and its 1,700-m2pavilion housing 85 small and large companies. No longer just a valuable raw materials supplier, Chile’s modern, competitive industries include metalworking, mining, plant engineering, electric power generation, pharmaceutical biotechnology, and electronic control systems. Chile’s 1998 gross domestic product (GDP) totaled about U.S. $76 billion, and GDP growth projections for 1999 are about 3% and 5-6% for 2000. “Our industrial products, manufactured goods, service sector, and investments abroad, all demonstrate that we have a modern, productive economy that incorporates, adapts, and creates technology,” said Chilean President Eduardo Frei Ruiz-Tagle. He reported that one unusual example of Chile’s industrial exports was its recent winning bid to manufacture Euro coins that will circulate in the Netherlands.