Connecting CAREC Countries and People
The CAREC region is at the heart of the rapidly growing and integrating Eurasian continent. CAREC countries are working together to improve the region's transport infrastructure and reduce the cost of trade across regions.
The CAREC Transport and Trade Facilitation Strategy presents a shared vision of transport and trade facilitation development across the region to 2017, identifying three transport goals:
The Strategy's Implementation Action Plan details both physical and nonphysical investments designed to improve the region's competitiveness, and expand trade—both among CAREC economies, regionally, and globally.
A midterm review of the strategy and action plan is under way, financed by an ADB technical assistance. The review will be conducted in two phases. In phase 1, a comprehensive stock-take will assess progress of the strategy and action plan (2008-2017). Based on the outcome of phase 1, the strategy will be updated in phase 2, by the end of 2013.
[Transport-related materials can be accessed at Senior Officials' Meetings and Transport Sector Coordinating Committee (TSCC) meetings.]
Creating CAREC Corridors
CAREC focuses investment and other activities on the development of six competitive transport corridors that link north, south, east, and west through the pivot of Central Asia. The corridors reflect trade flow patterns and will speed the movement of people and goods across the region. Critically, they also connect the mainly landlocked CAREC countries to wider regional and global networks.
Key Goals of the CAREC Transport Sector
CAREC Transport Documents