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 and the Republic of China (Taiwan) will support the energy sector in Honduras
The Republic of China (Taiwan) is a leading country in photovoltaic technology for power generation.
Tegucigalpa, August 12, 2021.- The Central American Bank for Economic Integration (CABEI) and its partner country the Republic of China (Taiwan) are promoting initiatives to develop the energy sector in Honduras, aimed at increasing the country's energy supply, diversifying the energy matrix and renewable energies.
The Republic of China (Taiwan) has already initiated the documentation review process to consider financing the feasibility studies and design of a Floating Photovoltaic Solar Power Plant (FSPV) at the Francisco Morazán Hydroelectric Dam in Honduras, El Cajón. The technical cooperation consists of an expert consultant, capacity building, environmental and social impact assessment studies; elements necessary to lay the groundwork for the renewable energy project.
This initiative will have a positive impact on the country's energy development, which is relevant for CABEI since it contributes to the country's progress and the well-being of its population.
