| Production Development Corporation | |
| Native Name: | Corporación de Fomento de la Producción |
| Formed: | 1939 |
| Headquarters: | Moneda 921 Santiago |
| Website: | Official website |
The Production Development Corporation (CORFO, from Spanish; Castilian: '''Cor'''poración de '''Fo'''mento de la Producción de Chile) is a Chilean governmental organization that was founded in 1939[1] by President Pedro Aguirre Cerda to promote economic growth in Chile.
Originally, CORFO was responsible for the creation of basic industries during the Presidential Republic Era, namely oil, power, steel, sugar, transportation among many others (see Economy of Chile).
CORFO oversees a variety of programs aimed at generating the economic development of Chile, through the promotion of inward investment and the advocacy of competitiveness for domestic companies. CORFO’s main areas are Quality and Productivity, Innovation and Investment Promotion.