Afghanistan in CAREC
- Afghanistan joined CAREC in 2005
- Since 2005, $2.6 billion has been invested in transport, trade, and energy
- 17 ongoing CAREC projects
- 8 completed CAREC projects
Energy Sector Development Investment Program - Tranche 5
Date approved: 4 December 2013
Expected outcome: The project will augment the existing 300MW transmission capacity between northern and southern Afghanistan by an addition 1,000MW, to initially allow indigenous generation, as well as power import from Tajikistan, Turkmenistan, and Uzbekistan to supply Afghanistan's domestic needs.
North-South Power Transmission Enhancement Project (formerly Power Distribution Project)
Date approved: 25 November 2013
Expected outcome: The project will increase the supply of power from the north of Afghanistan to the south and east.
Transport Network Development Investment Program -Tranche 3
Date approved: 11 September 2013
Expected outcome: The project will rehabilitate and reconstruct sections of national and regional highways, and will link roads already completed under the ADB-financed North South Corridor project.
Afghanistan is located in the heart of Eurasia, and since time immemorial, has been at the crossroad of cultures, between the People's Republic of China and the Middle East, and between South Asia and Europe. After 25 years of various conflicts, Afghanistan is now in the process of rebuilding physical infrastructures and the economic foundations of the country.
Highlights from the Asian Development Outlook 2013:
The next 2 years before the government assumes full responsibility for security in 2014 will be critical.Security and political uncertainties, including a presidential election, will weigh heavily on the direction the country takes. To ensure economic stability and a sound basis for transition, the government will have to fulfill commitments made under the Tokyo Mutual Accountability Framework and implement various policy and institutional reforms agreed under the current International Monetary Fund program. Read more.
The United Nations Development Programme's Human Development Report program has prepared a series of reports on Afghanistan.