The electricity generation project being developed by Energía Austral will mean valuable economic and social benefits for the Aysén Region and its sustainable development.
Economic Dynamism
Energía Austral’s construction and operation will give an important boost to the local economy due to its demand for different services and inputs that it has opted to acquire in the Region, including transport, security and cleaning services, catering and hotel services and the retail trade. The installation of the hydroelectric plants, therefore, represents an opportunity for local businesses of different sizes and in different sectors.
Energía Austral has already launched a programme to support local entrepreneurship, which includes training, promotion and the inclusion of service providers in its supplier network.
Energía Austral: Historical expenditure
| US$MM |
Before 2007 |
2007 |
2008 |
2009 |
2010 |
Total |
| |
33.0 |
|
|
|
|
33.0 |
| Scoping |
|
4.3 |
|
|
|
4.3 |
| Prefeasibility/feasibility |
|
|
33.0 |
25.6 |
41.10 |
99.7 |
| TOTAL US$MM |
|
|
|
|
|
137.0 |
In addition, a significant part of investment in the project and associated expenditure will remain in the Aysén Region in the form of the payment of business licences and taxes, the acquisition of services, investment in corporate social responsibility programmes, etc.