Desarrollo País

What Desarrollo País does

Desarrollo País (legal name: Fondo de Infraestructura S.A.) is a Chilean state-owned infrastructure development company established in 2018 under Law 21.082, owned 99.974% by the State of Chile (Fisco) and 0.026% by CORFO. Headquartered in Santiago's Providencia district with approximately 50 employees, the company executes public infrastructure projects across three main lines: City Infrastructure, Digital Infrastructure, and Other Projects. Its portfolio spans substantial assets including the Humboldt trans-Pacific submarine cable (14,800 km, ~$400 million, in partnership with Google), the Antarctic Connection (~1,000 km, ~$100 million), the Paso Pehuenche fiber route (500+ km), RED metropolitan transport terminals, PDI institutional buildings, municipal buildings, school reconstruction, emergency housing, and emerging desalination capacity for the Atacama region.

The company serves exclusively Chilean public-sector entities — including the national police (PDI), municipalities such as San Pedro de la Paz, regional health services, the education sector, and Metro S.A. — acting as the executing vehicle for projects mandated by the central government. Its revenue model combines state-backed capital with private co-financing structures; most projects are structured as long-term lease arrangements with the public end-user retaining an option to purchase the completed asset.

Desarrollo País is positioning itself as Chile's sovereign infrastructure developer, with recent capital increases, an active property acquisition program (MetLife site, Arauco Building), and partnerships extending its scope into urban regeneration, digital connectivity, and water-security verticals. The combination of statutory mandate, government ownership, and project-level private partnerships (notably Google on Humboldt) defines its competitive position and limits direct private-sector competition for its core mandate.

Name

Desarrollo País

Legal name

Fondo de Infraestructura S.A.

Website

https://desarrollopais.cl

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Desarrollo País is a Chilean state-owned infrastructure development company established in 2018 under Law 21.082, executing public-sector projects across city infrastructure, digital connectivity (including the Humboldt trans-Pacific cable), transport, housing, and desalination for government clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Infrastructure Development Services: Desarrollo País develops and finances public infrastructure projects through a mixed financing model combining own capital and private financing, avoiding direct fiscal expenditure while accelerating infrastructure implementation.
2. Property and Asset Management: Acquisition and development of public properties for government agencies, with long-term lease arrangements and option to purchase at end of lease period.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Desarrollo País (Fondo de Infraestructura S.A.) is a Chilean state-owned company that develops and finances public infrastructure projects through public-private partnership models, combining own capital and private financing to avoid direct fiscal expenditure. The company delivers projects across three lines: City Infrastructure (government buildings, social housing, urban regeneration), Digital Infrastructure (subsea and terrestrial fiber optic cables such as the Humboldt transoceanic cable connecting Chile to Asia Pacific), and Other Projects (desalination, educational facilities). Project delivery typically involves property acquisition, long-term lease arrangements with government agencies, and option-to-purchase at lease end.

Product overview

Desarrollo País (Fondo de Infraestructura S.A.) is a Chilean state-owned company established in 2018 that develops infrastructure projects through three main lines: City Infrastructure (government buildings, housing, urban regeneration), Digital Infrastructure (subsea and terrestrial fiber optic cables), and Other Projects (desalination, educational facilities). The company structures its portfolio as a collection of named infrastructure projects — including the Humboldt transoceanic fiber optic cable to Asia-Pacific, the Antarctic Connection subsea cable, the Paso Fronterizo Pehuenche terrestrial fiber expansion, metro collaboration projects, public transport terminals, the San Pedro de la Paz municipal building, and educational institutions such as the Robinson Crusoe Insular School — all developed under public-private partnership models using mixed financing without direct fiscal expenditure.

Differentiator

Problem solved

Functional benefit

Products and services

• Humboldt Submarine Cable The first subsea fiber optic cable to connect Chile with Asia Pacific, spanning approximately 14,800 km from Chile to Australia across the South Pacific Ocean with an investment of approximately USD 400 million. Developed in partnership with Google.
• Antarctic Connection Project The first subsea fiber optic cable to connect Antarctica through Chile, approximately 1,000 km in length with an approximate investment of USD 100 million (subject to feasibility confirmation).
• Paso Fronterizo Pehuenche Fiber Optic Expansion A terrestrial fiber optic project spanning over 500 km from the Humboldt cable landing point in Valparaíso Region to the Paso Fronterizo Pehuenche border crossing in Maule Region, strengthening digital connectivity across Latin America.
• PDI Institutional Building in Santiago Acquisition of a 20,000 m² property at Agustinas 640, Santiago Centro, to be transformed into the new institutional headquarters for Chile's Policía de Investigaciones (PDI), enabling centralization of specialized operational units and support divisions under a long-term lease model.
• RED Bus Terminals Acquisition and development of passenger terminals for the RED public transport system in the Metropolitan Region, covering 380,000 m² of land with an investment of UF 3.7 MM, to ensure terminal availability and enable operator selection based on service and cost efficiency.
• San Pedro de la Paz Municipal Building Acquisition and habilitation of the Arauco Building (Celulosa Arauco corporate building) in San Pedro de la Paz, Biobío Region, as the new municipal building, with 4,670 sq. m. of usable space on a 10,000 m² site, consolidating multiple municipal departments.
• Regional Public Transport System Terminals Acquisition of land for the construction of bus terminals forming part of the Regional Public Transport System, developed in partnership with the Ministry of Transport and Telecommunications to promote modern infrastructure and electric vehicle charging centers.
• Liceo Eduardo Frei Montalva de Monte Patria Reconstruction Reconstruction of the Eduardo Frei Montalva Excellence High School in Monte Patria, Coquimbo Region, destroyed by the 2015 earthquake, with capacity for 850 students, designed with high-quality standards suitable for the local climate.
• Colegio Insular Robinson Crusoe Design and construction of a new permanent school facility on Robinson Crusoe Island (Juan Fernández Archipelago) to replace the school destroyed by the 2010 tsunami, developed in collaboration with the Ministry of Education and the Public Education Directorate.
• Renca Mixed-Use Project Mixed-use project including an apartment building for social integration housing rental (with DS-52 subsidy and market-price units), commercial licenses, multipurpose spaces for municipal facilities, and a public esplanade, with approximately 10,000 sq. m. built-up area and 115 housing units.
• Bulnes Bicentenario Building Construction of two mixed-use buildings with approximately 45,000 sq. m. built-up area, partly for government office space rental and including commercial, service, and equipment spaces, with housing under a protected rental model, at an investment of UF 2.3 MM.
• Santiago Downtown Tower 7 Refurbishment Refurbishment of 8 floors of the Santiago Downtown Torre 7 building owned by the Ministry of National Assets, providing 6,400 sq. m. of office space for government services at an investment of UF 115,000.
• Land Bank and Housing Infrastructure Participation in Chile's Emergency Housing Plan (PEH) to acquire land suitable for housing and transfer it to SERVIU for construction of housing projects aimed at reducing the national housing deficit, with an investment capacity of up to $300,000,000,000.
• Open Plaza Pedro Fontova - Conchalí Land acquisition of the former Open Plaza commercial site in Conchalí commune, to be redeveloped into public-interest housing with commerce, services, and green areas, aiming to reduce housing and equipment deficits in the commune.
• Plan Maestro Ex Planta Unilever - Quinta Normal Transformation of a 3.6-hectare former Unilever industrial site in Quinta Normal into a mixed-use urban pole combining housing, services, and public-private equipment, developed in collaboration with the municipality and SERVIU Metropolitano.
• Maestranza Ferronor Revitalization - Coquimbo Region Revitalization project recycling three unused Ferronor railway maintenance sheds in Coquimbo Region into new public-use spaces, in collaboration with SERVIU Coquimbo.
• Urban Improvement and Regeneration with Metro S.A. Urban improvement and regeneration projects in collaboration with Metro S.A., involving the acquisition of strategic land for new Metro lines and stations, including the future Lo Errázuriz station on Line 6 and new acquisitions for Line 9.
• Desalination Technology for Atacama Region Desalination technology projects for the Atacama Region, providing desalinated water for agricultural use on state-owned land in Chile's northern region, leveraging high solar radiation for 100% sustainable water production, with a business model involving guarantees for desalination infrastructure companies and government land concessions.
• Viña del Mar Quillota Health Service Building Development of a new institutional building to centralize operations of the Viña del Mar Quillota Health Service (SSVQ) currently spread across five different locations in Viña del Mar.

Quantifiable outcome

• 20,000 m² consolidated PDI facility in Santiago
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and flagship.

• MetLifecoreStrategic or Co-development Partner · 12 June 2025Property sale transaction for PDI institutional building at Agustinas 640, Santiago. MetLife sold the 20,000 m² property to Desarrollo País for the PDI headquarters project.
• Viña del Mar Quillota Health Service (SSVQ)coreStrategic or Co-development Partner · 1 December 2024Agreement for development of new institutional building to centralize SSVQ operations currently spread across five different buildings in Viña del Mar
• San Pedro de la Paz MunicipalitycoreStrategic or Co-development Partner · 1 December 2024Collaboration for acquisition and habilitation of new municipal building (Arauco Building) to consolidate municipal operations
• GoogleflagshipStrategic or Co-development Partner · 1 March 2024Strategic partner for the Humboldt submarine fiber optic cable project, developed in partnership with Google to position Chile as a regional digital hub
• Metro S.A.coreStrategic or Co-development Partner · 1 January 2024Collaboration on urban improvement and regeneration projects. Desarrollo País acquires strategic land parcels for Metro expansion during construction of new lines and stations, particularly for Line 6 extension and Line 9 development.
• Ministry of Education and Public Education Directorate (DEP)coreStrategic or Co-development Partner · 1 January 2024Partnership for school infrastructure projects including the Colegio Insular Robinson Crusoe replacement and Liceo Eduardo Frei Montalva reconstruction
• SERVIU (Housing and Urban Development Service)coreStrategic or Co-development Partner · 1 January 2024Collaboration for land banking and housing infrastructure under the Emergency Housing Plan (PEH)

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Fondo Nacional de Infraestructura (FONADIN): Mexico's federally administered infrastructure investment fund that finances highways, ports, and public infrastructure through PPP structures and concession models. Highly comparable to Desarrollo País as a state-owned vehicle using blended public-private financing to deliver public infrastructure.
• Globalvia: International infrastructure concession operator focused on transport and public infrastructure PPPs. Comparable business model of developing and operating public infrastructure assets under long-term government concessions.
• Aqua Comms: Operator of transoceanic subsea fiber optic cables, including trans-Atlantic routes. Directly comparable to the Humboldt cable project in terms of subsea cable ownership and wholesale capacity business model.
• Cintra (Ferrovial): Global infrastructure concessions developer focused on toll roads, airports, and public infrastructure PPPs. Comparable in PPP structuring, public-sector client base, and long-term infrastructure asset development.
• EXA Infrastructure (formerly Hibernia Networks): European and Trans-Atlantic subsea fiber optic cable operator serving wholesale and carrier markets. Comparable subsea cable infrastructure operator with geographic redundancy and capacity-oriented business model.

Emerging players

• DigitalBridge: Digital infrastructure investment firm focused on data centers, fiber, and towers. Comparable as a digital infrastructure platform investor, though operating as a private equity-style fund rather than project developer.

Broad incumbents

• BNDES: Brazilian National Development Bank that finances large-scale infrastructure and industrial projects across Latin America. Comparable as a state-owned development finance institution though operating at a much larger scale and as a bank rather than a project developer.
• CAF (Development Bank of Latin America): Latin American multilateral development bank financing infrastructure, social infrastructure, and public-private partnership projects across the region. Comparable as a public-sector infrastructure financier aligned with Chilean PPP initiatives.
• Sacyr Concesiones: Spanish infrastructure concessions developer with PPP projects across Latin America and Europe. Comparable as a scaled PPP infrastructure developer working with public-sector clients on long-term concessions.
• Ferrovial: Spanish-listed construction and infrastructure operator with major PPP and concession operations. Comparable as a vertically integrated infrastructure platform delivering public infrastructure under long-term contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Customer concentration

• Xx.com/paisdesarrollo
• LinkedInlinkedin.com/company/desarrollo-pais

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Desarrollo País