Chile: the balanced view : a recopilation of articles about the Allende years and after

b) Polpaico Cement Plant expansion. Investment in the range of $ 1 million in national currency and $ 2 mili ion in foreign currency to increase productivity slightly and improve the mine. c) Antofagasta Cement Plan!. An undetermined amount between $ 6 million and $ 8 million is needed to complete this plant. which would increase national output by 150,000 tons per year. . d) San Fernando plant. .A group of Chilean investors willing to associate with foreign capitalists and with the state is actively studying a new cement plant with a single furnace ÍNith a capacity of 2,000 tons per day (700.000 tons per year). This plant would take advantage of a good quarry in the San Fernando area and would require an investment of $ 20 mili ion in national currency and $ 30 million in foreign currency. The plant would be in operation in 1977. by which date the country would be forced to import cement if the installed capacity were not increased. e) Pizarreño plants and various asbestos-cement goods. Expansion in the range of $ 1.3 mili ion. f) Glass. Expansion ofthe glass industry for an investment of $ 6 miJlion in national currency and . $ 5 million in foreign currency. S. Other industries The Development Corporation has a catalog of industrial projects that might be grouped as follows: Nature 01 project Common consumer goods Light industry Heavy industry Construct. materials and cellulose products Total State oC Projects (Dumber oC projects) Projected 77 52 24 34 187 Planned 32 33 25 16 106 In progress 26 5 9 41 Completed 75 26 26 30 157. Of course. any attempt to determine the investment votume thatmight be represented by this group of projects is not within reason. There are approxi mately 500 projects. some of which are part of a list of specific works included in the preceding pages of this programo while others have not been considered. The list includes intermediate and final consumer goods. durable and capital goods, and goods for local use or with an export potential. It is materially impossible to give a serious analysis of the list, and it is possible only to point out its existence. . For purposes of illustratíon only, an ir"lvestment equivalentto $1 billion will be added to the specific industries mentioned above, ofwhich $ 600 million will be in local currency and $ 400 million in foreign currency. This amount would bring the program's industrial investmentto $1 .8 bi 11 ion for a period of six to seven years. The amount does not seem unusually high. VI. SOCIAL SECTORS Education, health, and housing will be considered from the standpoint of investment. 244