Institution

CORFO

1939– · 20th century · Also known as Production Development Corporation

CORFO, the Production Development Corporation, is a Chilean state agency founded in 1939 by the Popular Front government of Pedro Aguirre Cerda, after the Chillán earthquake. It financed and created key national enterprises in electricity, oil, steel and sugar, becoming the main instrument of state-led industrialisation. It continues to support innovation and private enterprise.

CORFO
Image: Jorge Barrios · Public domain · Wikimedia Commons

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See also

Cite this entry
APA
The Epoch Institute. (2026). CORFO. In The Epoch Institute Encyclopedia. https://the-epoch-institute.org/encyclopedia/corfo
MLA
“CORFO.” The Epoch Institute Encyclopedia, The Epoch Institute, 2026, https://the-epoch-institute.org/encyclopedia/corfo. Accessed .
Chicago
The Epoch Institute. “CORFO.” The Epoch Institute Encyclopedia. 2026. https://the-epoch-institute.org/encyclopedia/corfo.
Harvard
The Epoch Institute (2026) ‘CORFO’, The Epoch Institute Encyclopedia. Available at: https://the-epoch-institute.org/encyclopedia/corfo (Accessed: ).

Last reviewed October 2026Random entry ↻