Improving Education, Skills, and Employment in Tourism: Almaty–Bishkek Economic Corridor

Improving Education, Skills, and Employment in Tourism: Almaty–Bishkek Economic Corridor

This report measures the skills gap among tourism industry workers and the resulting opportunity costs along the Almaty–Bishkek Economic Corridor in Central Asia.
High-Level Dialogue: Balancing Infrastructure Investment with Debt Sustainability in CAREC Countries

High-Level Dialogue: Balancing Infrastructure Investment with Debt Sustainability in CAREC Countries

ADB , IMF, and the World Bank jointly organized the CAREC forum to discuss the fiscal constraints, debt sustainability, and the need for more private sector involvement in infrastructure financing.
Promoting Regional Tourism Cooperation under CAREC 2030—A Scoping Study

Promoting Regional Tourism Cooperation under CAREC 2030—A Scoping Study

This study seeks to assess the potential of CAREC as a platform to promote a regional approach to tourism development through the identification of opportunities for enhancing and expanding cooperation among member countries in the tourism sector, and to maximize economic opportunities while safeguarding ecosystems.
Reviving Connectivity and Diversifying Trade in Central Asia

Reviving Connectivity and Diversifying Trade in Central Asia

In Central Asia, it once took up to 58 hours and $318 for a cargo truck to cross a border. Countries in the region are working together to streamline the process for goods and services to move across borders.

CAREC Project Portfolio

CAREC Project Portfolio

From a modest start in 2001, the number and value of CAREC projects—including loans and grants—have grown rapidly to 193 projects worth more than $32.9 billion, as of September 2018. (View latest data on CAREC projects).

Trade Facilitation and Paperless Trade Implementation in CAREC Countries

Trade Facilitation and Paperless Trade Implementation in CAREC Countries

This report presents an analysis of the results of the UN Global Survey on Trade Facilitation and Paperless Trade Implementation for nine members of the CAREC Program.
Economic Corridor Development

Economic Corridor Development

Developing economic corridors is a priority for the CAREC Program, which has funded infrastructure connectivity among member countries for more than a decade. As CAREC member countries become more developed and connected to each other, they can benefit by cooperating at a higher level by linking markets, ideas, and people.

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CAREC At a Glance

  • $32.9 billion invested in transport, trade, and energy projects
  • From 6 projects in 2001 to 190 projects, as of September 2018

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