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The Los Ríos Region (Spanish: Región de Los Ríos, pronounced [loz ˈri.os], lit. Region of the Rivers) is one of Chile's 16 regions, the country's first-order administrative divisions. Its capital is Valdivia. It began to operate as a region on October 2, 2007, having been created by subdividing the Los Lagos Region in southern Chile. It consists of two provinces: Valdivia and the newly created Ranco Province, which was formerly part of Valdivia Province.