Santiago, officially Santiago de Chile , is the
capital of
Chile, and the center of its largest
conurbation (Greater Santiago). It is situated at an elevation of 520 m (1700 ft) in the country's central valley. Although Santiago is the capital,
legislative bodies meet in nearby
Valparaíso.Approximately two decades of uninterrupted economic growth have transformed Santiago into one of
Latin America's most sophisticated metropolitan areas, with extensive suburban development, dozens of shopping malls, and impressive high-rise architecture. The city also boasts some of Latin America's most spectacular infrastructure, such as the
Santiago Metro and the sparkling new
Costanera Norte, a highway system that passes below downtown and connects the Eastern and Western extremes of the city in a 40-minute drive. Santiago is headquarters to many important companies and is a regional financial center.
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