Features

Пять шагов к укреплению экономической устойчивости стран Кавказа и Центральной Азии

Способность стран Кавказа и Центральной Азии эффективно реагировать на внешние шоки в решающей степени зависит от их сотрудничества в сфере диверсификации торговых потоков и транспортных маршрутов. Ключевыми компонентами такой диверсификации являются принятие необходимых мер политики и развитие Среднего коридора.

CAREC Transport: Facing the Challenges, Seizing the Opportunities

The CAREC transport sector is a key driver of economic growth and development in the region. It allows goods and people to move around the region, which helps to boost trade and investment.

Road Asset Management Systems (RAMS) and Performance-based Road Maintenance Contracts (PBCs) 

Road maintenance works in Garm district, 175 km to the east from Dushanbe under the Dushanbe - Kyrgyz Border Road Rehabilitation Project. The publication on Road Asset Management Systems (RAMS) and Performance-based Road Maintenance Contracts (PBCs)  in the CAREC region aims to improve the management and maintenance of CAREC road corridors through the sharing of best practices that exist within CAREC countries regarding RAMS and PBCs.

Impact of COVID-19 on CAREC Aviation and Tourism

CAREC aviation is proportionately more impacted by the COVID-19 pandemic than the global aviation industry due to a heavy dependence on the international market, according to a study by the Asian Development Bank. The crisis however provides an opportunity to reset CAREC’s aviation industry through reforms, new strategies, and restructurings. This study looks briefly at […]

Railway Sector Assessments for all CAREC Countries

Railway sector assessments for all CAREC countries were completed in 2021. The reports discuss railway sector challenges and opportunities in Central Asia and evaluate the operational and financial performance of railway sectors in CAREC countries, among other things. An overarching report that ties together the issues and findings from the individual country assessments is also available.

Georgian Railway Modernization

The European Bank for Reconstruction and Development has invested USD 50 million in the first green bond issued by Georgian Railway (GR). Proceeds will be used to refinance GR’s existing notes which are maturing in 2022.

Cargo and Passenger Transport Inspection at the Khorgos Customs Post in Almaty Region

Cargo and passenger transport inspection at the Khorgos Customs Post in Almaty Region, Kazakhstan - People’s Republic of China Border Zone. The road transport sector experienced a very challenging time during 2020-2021 due to Covid-19 pandemic. Many road transport companies are struggling to survive, with global losses expected to reach USD 2 trillion since the outbreak of Covid-19, according to the International Road Transport Union (IRU).

Marakand – Karshi Railway Electrification Project

The Marakand – Karshi Railway Electrification Project was designed to support the development of Uzbekistan’s railway system and strengthen trade cooperation with neighboring countries by financing the electrification of the 140 km Marakand–Karshi section within CAREC Corridor 6 (Photo by Relisa Granovskaya).

World Bank supports Tajikistan’s transport connectivity and regional trade

The World Bank’s Board of Executive Directors approved the grant-financed Fourth Phase of the Central Asia Regional Links Program (CARs-4), which aims to enhance Tajikistan’s regional transport connectivity and facilitate cross-border trade

Another COVID-19 challenge: Saving Asia’s crucial infrastructure deals

The public-private partnerships used to finance roads, ports, hospitals and dozens of other infrastructure projects could be affected by the pandemic-induced financial crisis.