Commitment to the well-being of the region.

The Republic of China (Taiwan) joined CABEI in 1992 and is one of the Bank's first non-regional members; its incorporation enabled the Bank to issue and place its first bonds on the international market. At the close of 2021, it is the non-regional member with the highest shareholding (11.4%) with a subscribed capital of USD776.3 million and contributions amounting to USD133.6 million.

In the coordination of development projects, the Republic of China (Taiwan) cooperation for the region focuses on key areas for poverty reduction, such as food security, education, agriculture, Micro, small and medium-sized enterprises, agribusiness, coffee producing sector affected by rust, export promotion and forestry and industrial development.

As a relevant fact, in 2020, thanks to the alliance with its non-regional partner country, CABEI made it's 19th issue in the Taiwan capital market, historically totaling US$ 2.3 billion.

In 2021, CABEI opened its representative office in the Republic of China (Taiwan) located at the Taipei 101 building.

CABEI visits leading Taiwanese electromobility company to promote clean transportation in its member countries

05/08/2022

During the tour, the commercial offer of buses and vehicles powered by electric energy was presented, as well as rechargeable storage systems, among other technological solutions for greater efficiency.

Hsinchu, August 5th, 2022. - To support the countries of the region in identifying viable technologies that facilitate the transition towards sustainable, safe and efficient transportation, a delegation from the Central American Bank for Economic Integration (CABEI), led by its President, Dr. Dante Mossi, visited the facilities of Trone Energy, a leading Taiwanese company in the manufacture of electric mobility technologies.

During the tour, technical information was provided on the manufacture and commercial supply of buses and vehicles powered by electric energy, operation and maintenance requirements, as well as rechargeable energy storage systems, among other solutions with greater efficiency and potential for adoption in Central America and the Dominican Republic. 

CABEI's Executive President, Dr. Dante Mossi, highlighted: "electric mobility represents a great opportunity for the countries of our region. CABEI will continue to promote this type of relevant initiatives to contribute to the decarbonization of economies, improve energy efficiency, develop cleaner cities and provide people with more sustainable and safer transportation services.”

He added that "there is no doubt that the experience of our extra-regional partner, the Republic of China Taiwan, in this sector will contribute enormously to the development of projects that will promote the incorporation of electric units in our countries and advance the transition to low-emission transportation."

This visit took place as part of a CABEI working visit to the Republic of China (Taiwan), with an agenda that included the commemoration of the 30th anniversary of the country's incorporation as an extra-regional member of the Bank, the first anniversary of the opening of its office in Taipei, and the unification of efforts to support the economic, social and environmental development of the region.