CAREC e-Alert

Keeping Updated on CAREC

CAREC e-Alert, the Program’s electronic newsletter, provides updates on recently approved projects in the region, on the latest and upcoming institutional and sector-related events, and on regional cooperation–themed and sector-specific studies and research on regional cooperation.

CAREC Institute E-Alert, 14 May 2010

 

Feature
CAREC Corridor 2 Road Project Gets $600 Million ADB Funding
The Uzbekistan road section of the A380 highway, which forms part of the Central Asia Regional Economic Cooperation (CAREC) Program's Corridor 2, is getting support from a $600 million Asian Development Bank (ADB) multitranche financing facility.

The ADB Board of Directors approved the financing for a program comprising three projects. The program will reconstruct over 220 kilometers of the A380 highway, and provide training support for improved planning, project management, road asset management, and community facilities. [ more... ]

ADB to Help Uzbekistan Build Efficient and Clean Power Plant
The Asian Development Bank's (ADB) Board of Directors on 20 April 2010 approved financing totaling $350 million to improve energy security and energy efficiency in Uzbekistan, which are key objectives of the Central Asia Regional Economic Cooperation (CAREC) Energy Strategy.

The financing by ADB will build Central Asia's first 800 megawatt combined-cycle gas turbine (CCGT) power plant in Uzbekistan's Kashkadarya Province. CCGT is the most efficient and cleanest option for Uzbekistan. It will improve power generation efficiency from 30% to over 50%, saving fuel and cutting carbon emissions by over 1 million tons of carbon dioxide equivalent per year. [ more... ]

Recent Updates
Papers:
  • Asian Development Outlook 2010: Macroeconomic Management Beyond the Crisis, April 2010, ADB
  • World Economic Outlook April 2010: Rebalancing Growth, April 2010, IMF
  • Central Asia Regional Economic Cooperation: Good Neighbors, Good Partners, Good Prospects, 2010, ADB
Events:

Recent Events
DATE EVENT VENUE
4 May 2010 CAREC Seminar: Building Seamless Connections for New Prosperity (43rd ADB Annual Meeting) Tashkent, Uzbekistan
16-17 Apr 2010 CAREC Senior Officials' Meeting ADB Headquarters, Manila, Philippines
15 Apr 2010 Twelfth Trade Policy Coordinating Committee (TPCC) Meeting ADB Headquarters, Manila, Philippines
28 Mar - 3 Apr 2010 Second CAREC Institute Executive Leadership Development Program (ELDP) Lee Kuan Yew School of Public Policy, Singapore
25-26 Mar 2010 Energy Sector Coordinating Committee (ESCC) Meeting Almaty, Kazakhstan

Upcoming Events
24 May - 4 Jun 2010 Shanghai Customs College Training PRC
10-11 Jun 2010 Regional Conference on Integrated Water Resource Management (Organized by UNDP/UNECE) Kyrgyz Republic
24 Jun 2010 CAREC Awareness Workshop on Public Private Partnerships Tashkent, Uzbekistan
28 Jun 2010 CAREC Awareness Workshop on Public Private Partnerships Dushanbe, Tajikistan
5-6 Jul 2010 Energy Sector Coordinating Committee Meeting Ulaanbaatar, Mongolia
6-8 Jul 2010 Single Electronic Window Seminar Baku, Azerbaijan
Latest Approved Projects:
  • Talimarjan Power Project
  • CAREC Corridor 2 Road Investment Program - Project 1

The CAREC Institute website--www.carecinstitute.org;www.carecinstitute.org/ru-- is a new hub of information and knowledge on regional economic cooperation in Central Asia.

Supporting the work of the CAREC Program and focused on the transport, energy, and trade sectors, the site offers, in Russian and English:


  • full information and documentation on the CAREC Program
  • a searchable projects database with links to original documents
  • a searchable studies/research database with links to original documents
  • a searchable events database providing links to papers and presentations from each event
  • country pages for each CAREC country with links to national strategies and other key documents in the CAREC priority sectors

CAREC is a partnership of eight countries - Afghanistan, Azerbaijan, the People's Republic of China, Kazakhstan, the Kyrgyz Republic, Mongolia, Tajikistan, and Uzbekistan - working with six multilateral institutions - Asian Development Bank, European Bank for Reconstruction and Development, International Monetary Fund, Islamic Development Bank, United Nations Development Programme and World Bank - to achieve development through regional economic cooperation.

Your feedback on the site and contributions are most welcome.