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
Building Afghanistan's New Railway as Lifesaving Link
For Afghanistan, the country's first railroad has resulted in a steady supply of lifesaving goods and a vital link to Uzbekistan, its vibrant neighbor. Read full story.
ADB Power Project to Boost Afghanistan North-South Link
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 ultimately aid its push to become an exporter of surplus electricity to neighboring countries. Read full story.
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.