【SMM Flash News】 Chile Plans State Land Sale to Boost Sovereign Wealth Funds

Published: Apr 12, 2026 22:24

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Chile is preparing to sell approximately 1,200 state-owned properties, including land typically reserved for renewable energy developments, in an effort to raise up to USD 300 million. Finance Minister Jorge Quiroz informed lawmakers that the move aims to convert illiquid assets into cash to replenish the Economic and Social Stabilization Fund (FEES), which has plummeted to approximately 1% of GDP at the end of 2025. This strategic sell-off represents a shift from previous policies of land preservation, as the government prioritizes rebuilding its depleted sovereign wealth reserves following years of significant decline.

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