Meier considers investment-protection action over Chile casino tenders
Corporación Meier executives said they are considering investment-protection mechanisms under the Chile-Peru Free Trade Agreement after Chile’s Superintendencia de Casinos de Juego declared three casino tender processes void. The company said the processes concerned Puerto Varas, Coyhaique and Ancud, and that its planned investment in Ancud was USD 10 million.
The dispute could affect future casino bids and planned investment in Chile.