On October 9, 2025, REMED took a decisive step in its commitment to modernizing transportation in Guatemala by signing a financial mandate with UBS, one of the world’s most prestigious and stable banking institutions. The signing ceremony was led by Mr. Carlos Álvarez, President and CEO of REMED, and Eng. Juan Manuel de León, General Director of the project.
This significant agreement represents a key step in ensuring the continued progress of the efforts to reactivate Guatemala’s railway system. Beyond consolidating the project’s advancements, this alliance reflects the trust and interest the initiative inspires both nationally and internationally.
The signing of the financial mandate with UBS not only represents top-tier financial support but also serves as an international endorsement of the railway reactivation project led by REMED in Guatemala.
Furthermore, the partnership with UBS strengthens the confidence of the private sector and international investors in the project’s potential, positioning Guatemala as a regional benchmark for infrastructure and sustainable development.
"Commitment to Sustainable Development"
REMED, as a company committed to the country’s progress, continues to work on implementing innovative and sustainable solutions that contribute to the well-being of the population and the strengthening of the national economy. The agreement with UBS is just the beginning of a series of strategic actions that will establish Guatemala as a leader in railway infrastructure.
During COP26, Carlos Álvarez de Alba received a prestigious award for his work in sustainable transportation, highlighting the importance of Latin America in global efforts to combat climate change.