Guatemala Joins CAF to Drive Sustainable Projects in Latin America

The Guatemala-CAF agreement marks a historic milestone for regional integration, strengthening financial ties and sustainable development across Latin America and the Caribbean. This move will allow the country to access strategic resources to boost infrastructure projects, economic recovery, and social development.

Letter of Intent Signed Officially

CAF's CEO Sergio Díaz-Granados and Guatemala’s Minister of Public Finance, Jonathan Kiril Thomas Menkos Zeissig, officially signed a Letter of Intent in Guatemala City, with President Bernardo Arévalo serving as honorary witness.

Díaz-Granados stated, “Guatemala’s incorporation into CAF represents a significant step in our vision to become the green bank and support economic recovery in Latin America and the Caribbean, expanding our continental reach. This agreement will channel resources for strategic projects that drive sustainable development, promote regional integration, and improve the quality of life for Guatemalans.”

Benefits for Guatemala and the Region

Minister Jonathan Menkos Zeissig emphasized the importance of securing strategic partners to implement investment projects aligned with the 2024-2028 Government Plan, including the Guatemala City Metro, improvements to ports and airports, and the construction of road infrastructure.

“With these social investments, Guatemala can lay the foundation for sustained, sustainable, and inclusive economic growth, benefiting the entire population,” he noted.

Joining CAF will allow Guatemala to access financial products and services such as loans, guarantees, technical cooperation, and advisory support for sustainable development projects, strengthening CAF’s presence in Central America.

A Key Step for Integration and Sustainable Development

Guatemala’s membership reinforces CAF’s position as a continental bank, committed to economic recovery and inclusive, green growth in the region. The new member expands CAF’s ability to finance initiatives that promote sustainability, strategic infrastructure, and regional integration throughout Latin America and the Caribbean.