CABEI shows its support for the development of sustainable transportation alternatives at the second Electric Mobility Congress in Guatemala


Electric transportation of people and cargo are some of the initiatives promoted by the Bank in the region in support of the integration process, economic development and improved competitiveness.

Guatemala City, March 25th, 2022. – The electromobility projects that CABEI supports in the region, as well as the financing options available to promote this type of clean transportation were presented this Thursday by the Central American Bank for Economic Integration (CABEI) at the second edition of the Electric Mobility Congress organized by the Electric Mobility Association of Guatemala (AMEGUA).

The multilateral has been contributing to increase the technological and productive capacity of the countries to make the transition to electromobility. This, through various initiatives, including flagship operations in Guatemala such as support for the TRANSMETRO route 5, which incorporates electric units, and the structuring of private financing for the AEROMETRO project, a public transport system by aerial cable that is 100% electric.   

"As the Green Bank of Central America, we are taking great strides in supporting environmentally friendly transportation initiatives that also improve the quality of life of families in the region. That is why we are excited to share our experience and all the actions we are developing for this important sector," said CABEI's Executive President, Dr. Dante Mossi.

The event, in which CABEI's private sector focal point in Guatemala, Astrid Ibarra, participated, also detailed the progress of electric mobility in the country and the need to encourage more private investment to accelerate its implementation, as well as to provide concrete recommendations to the business sector on how they can implement pilot plans for electric mobility. 

The Bank is currently promoting different projects in Central America, Panama and the Dominican Republic that include urban mobility and logistics in the private and public sectors, as well as initiatives to promote clean and efficient energy generation, cleaner production and the introduction of electric fleets in the business sector.

The activity was held in the city of Cayalá with the support of the Guatemalan Center for Cleaner Production, Mobility Portal, Latam Mobility, the Chamber of Construction, the Municipality of Guatemala and the Vehicle Import Association.