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Santiago is the capital city of Chile, located on the Mapocho River. Many big corporations have their headquarters in Santiago. It is also an industrial and financial center. 45% of Chile's GDP is contributed by Santiago. Universidad de Chile, the oldest educational institution of Chile is established in Santiago. One of the largest wine producers of Chile is also located at Santiago. Santiago is one of the largest cities of Latin America and is showing growth in immigration rate from other countries because of strong economic growth.
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