AT A GLANCE
- More than $22.4 billion invested in transport, trade facilitation and energy projects
- From 6 projects in 2001 to 146 projects in 2013
- Member countries: Afghanistan, Azerbaijan, People's Republic of China, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, Uzbekistan
- Multilateral development partners: Asian Development Bank, European Bank for Reconstruction and Development, International Monetary Fund, Islamic Development Bank, United Nations Development Programme, World Bank
- The Asian Development Bank (ADB), in partnership with the World Trade Organization (WTO), conducted a session on the CAREC Program at the Bali Trade and Development Symposium on the sidelines of the 9th WTO Ministerial Conference. Read more.
- The Asian Development Bank (ADB) has approved a $159 million grant for a power transmission project to help Afghanistan overcome shortages in key areas and become an exporter of surplus electricity to neighboring countries. Read more.
- CAREC member countries will develop key new road and rail routes linking Central Asia to People's Republic of China (PRC) and South Asia to realize the huge trade potential between the three regions. Read more.
The project will promote regional cooperation and sustainable economic growth in Mongolia. It will increase the efficiency and safety of domestic and international transit traffic between the People's Republic of China and the Russian Federation through Mongolia’s north–south road transport corridor. Read More
The project will foster a multimodal urban transport system. It will provide a 31.25-kilometer "Ring Road" which will link the old central business district to new development areas of the city, enhance the efficiency in the use of the existing road space and improve traffic safety, develop public transport, promote and implement environmental protection and improvement initiatives, and strengthen local capacity and processes for urban transport, planning, programming and budgeting, and system management. Read More
From Landlocked to Linked In: The Central Asia Regional Economic Cooperation Program
CAREC Corridor Performance Measurement and Monitoring Annual Report 2012
Where to from Here? Corridor-based Transport Facilitation Arrangements in the CAREC Region
CAREC 2020: A Strategic Framework for the Central Asia Regional Economic Cooperation Program 2011–2020