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 2014:
Growth decelerated to 3.3% following stellar agriculture and growth performances in 2012. Afghan forces have assumed responsibility for security, and the withdrawal of international troops will be complete by the end of 2014. The decision on retaining a small number of international troops, largely for mentoring and logistical support, has been delayed until after the April presidential election. The outlook is for modest growth until uncertainties are resolved. Read more.
The United Nations Development Programme's Human Development Report program has prepared a series of reports on Afghanistan.