Paraguay: Taiwanese Company Seeks to Invest in Electric Mobility Projects

Paraguay continues to approach Asian countries to accelerate the transition to electric mobility. After a major cooperation agreement with South Korea, talks began with Taiwan.

Paraguayan Industry and Commerce authorities met with a Taiwanese company and businessmen from the transportation sector to analyze investment opportunities.

The company, Máster Bus, one of the leading manufacturers and assemblers of electric buses in Taiwan, is considering bringing its technology to Paraguay.

Read also: Sustainable Rail Transport Project Advances in Paraguay

Public-private Collaboration

After the meeting, the Vice Minister of Industry of Paraguay, Lorena Méndez, emphasized that the Taiwanese were at the disposal of the authorities of the country to articulate with all the actors a long-term project.

She assured that the Paraguayan government is fully willing to move forward with this initiative and that financing is also available. “Let’s get to work so that in the shortest possible time we can have a business model to present and make this move forward in the short term”.

He emphasized that Paraguay’s path towards electric mobility cannot be postponed for public transportation, which seeks the welfare of citizens.

Lorena Méndez, Vice Minister of Industry and Commerce of Paraguay / Video: Ministry of Industry and Commerce of Paraguay

Projects and Advances

A few weeks ago, Paraguay launched the Multimodal Electric Mobility Master Plan for Urban Public Transport and Logistics, with which it is estimated that by 2040, the country will be positioned as a reference in the Latin American region for its energy transition.

In this regard, the Vice-Minister of Industry and Commerce, Francisco Ruiz Díaz, pointed out that there is currently an international commitment to move from polluting energy to clean energy, an objective that Paraguay is also pursuing.

With the plan, Paraguayan authorities believe that they will not only have the possibility of improving air quality, but also of developing new technologies that will contribute to the country.

Síguenos en

Publicaciones recientes

Facebook