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Paraguay is taking a decisive step toward sustainable mobility with the arrival of Taiwanese company Mastertrans Co. Ltd., which will build a 100% electric bus assembly plant in the department of Alto Paraná.
Scheduled to begin operations in 2026, the project is expected to create around 2,600 direct and indirect jobs, marking a milestone in the nation’s industrial and environmental development.
The initiative will be part of the Taiwan–Paraguay Smart Technology Park, located in the Nuevo Azul area, and aims to position Paraguay as a regional leader in electromobility. According to Deputy Minister of Industry Marco Riquelme, the plant will produce electric buses for both the local market and the Mercosur bloc. He emphasized that “the goal is to supply the domestic market and export to the region, consolidating Paraguay as a hub for clean transport innovation.”
The agreement with Mastertrans was finalized following a mission by the Ministry of Environment and Sustainable Development (Mades) in Taipei, where Paraguayan officials learned about the company’s intelligent fleet management technology. Currently, 30 Mastertrans electric buses are already in Paraguay as part of a bilateral cooperation program, and they are expected to enter service before the end of the year.
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