The Chilean government confirmed it will put a state-owned lodge in the La Parva winter center up for sale to bolster the nation's sovereign funds.
Finance Minister Jorge Quiroz and National Assets Minister Catalina Parot both addressed the sale of the property located in the Lo Barnechea commune. The move is part of a broader strategy to liquidate underutilized state assets and inject capital into the country's reserves.
Minister Quiroz stated that the sale is part of an effort to optimize the management of public resources. He noted that several state-owned properties and even lodges in La Parva are candidates for liquidation.
“We are going to sell it. We are going to recover the ethical principle, because this is no longer just about economics; here there is an ethical principle regarding the management of the public treasury,” Quiroz said.
Sale of expired concession
National Assets Minister Catalina Parot confirmed during a Senate Environment Committee meeting that the sale of at least one property in the area is already decided. Parot identified the property as a building previously held under a long-term concession.
“I have information that National Assets does, indeed, have a property in La Parva that was granted for 25 years to a community called the La Parva Community,” Parot said. She noted the community consists of local residents living in the area.
The minister explained that the legal agreement governing the property has reached its end. The original 25-year concession was extended by two five-year periods, and the current term expires this year.
“That concession has ended... This year it ends. We are going to put that property up for sale, because it will no longer be at the disposal of the neighbors of La Parva,” Parot stated.
The government's plan follows a proposal by Quiroz on April 8 to catalog underutilized or non-strategic state assets. The administration aims to generate extraordinary income to address fiscal constraints and find new sources of financing.
Officials are now prioritizing efficiency in the use of public heritage over maintaining long-term concession models. The administration intends to focus on assets that no longer justify public administration costs.
