I'm chilean, and I very much agree with you. I'm not sure about the strength or real impact in the long run, since this depends on the government and government changes every 4 years. In any case, I think it's a great initiative and would never say they are wasting our money.

PS: I'm the founder of a chilean startup, I have a few contacts here and there, and would love to keep connecting with other hackers and startup enthusiasts. My contact info is in my profile.