Project Details
CAREC Corridor Development Investment Program
Country:Pakistan
Sector:Transport
Summary:The technical assistance (TA) will design a multitranche financing facility (MFF) to assist the government in improving the CAREC corridors to serve the needs of surrounding countries to be interconnected through Pakistan and thereby acting as a regional hub to promote regional integration and intra- and inter-regional trade.
Expected Outcome:The proposed MFF will enhance regional connectivity and trade in Pakistan by improving the efficiency for road traffic along the CAREC corridors.
Expected Outputs:The TA will conduct a feasibility assessment for the first tranche project including preliminary engineering designs; cost estimating; technical, financial, economic, and socioeconomic analysis; environmental analysis; social impact assessment; a study for initial benchmark performance indicators; and preparation of project evaluation and monitoring framework.
Date Approved:2015
Status:Ongoing
Expected Completion:2017
Funding Type:Technical Assistance
Funding Amount:Asian Development Bank: $1,500,000
Links/Documents:ADB Project Page