CABEI to finance studies to introduce electric units in Guatemala's subway system

26/02/2021

Through a non-reimbursable cooperation grant from CABEI, a technical and financial evaluation will be carried out to introduce an electric fleet on line 5 of the Rapid Transit Bus system in the Guatemalan capital.

Guatemala City, February 26, 2021. On February 17, the Central American Bank for Economic Integration approved a US$40,000 non-reimbursable cooperation grant to facilitate and assist the Municipality of Guatemala in the technical and financial evaluation of the "Introduction of electric buses to line 5 of the Transmetro, design and preparation of the project's bidding conditions" project.  

This initiative would connect Parque Colón with the Civic Center in zone 1 along the streets and avenues of zone 5, with a length of 14 kilometers round trip.  It will require about 17 buses and would have a circuit of 1 hour and 24 minutes. It is estimated to directly benefit 15,000 users.

CABEI Executive President Dr. Dante Mossi emphasized that "The objective of this type of cooperation is to provide technical support to countries in order to unleash their potential in the adoption of clean technologies for urban mobility. This project promoted by the Municipality of Guatemala represents a great opportunity for cities in the region to improve public transportation and connectivity, reduce the generation of greenhouse gases and improve the competitiveness of the bus fleet.”

This operation is part of CABEI's 2020-2024 Institutional Strategy and contributes to the Sustainable Competitiveness and Human Development and Social Inclusion areas, which seek to strengthen the economic, social and institutional factors that determine regional competitiveness, as well as generate social capacities to improve people's well-being and quality of life.

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