Pakistan
CAREC in Pakistan
Since joining CAREC in 2010, Pakistan has pursued innovative ways to break down barriers to growth and position Central Asia at the heart of trade and commerce within an increasingly integrated global economy. Pakistan’s road network is strategically linked to CAREC Corridors 5 and 6, at the crossroads of rapidly growing regions of South Asia and Central and West Asia. Corridor 5 connects Central Asia and East Asia to South Asia, providing potential routes to Karachi’s all-weather seaports for landlocked countries. As a transit route between Central Asia, South Asia, the Caucasus, the Middle East, and the Russian Federation, Corridor 6 facilitates the export of agricultural products from Pakistan to Uzbekistan and Turkmenistan.
Pakistan is upgrading its national road corridors and border-crossing points. It is advancing modern trade facilitation measures and implementing paperless trade through its national single window. With its abundant human and natural resources, Pakistan is implementing initiatives to bolster regional connectivity, secure sustainable energy, and diversify its economy—including through tourism and digitalization—that will unlock new opportunities and promote economic growth. Working with other CAREC countries, Pakistan is building resilience, mitigating disaster risks, and achieving sustainable development.
Key Projects
As of December 2024, about $2.53 billion has been funneled into ten CAREC-related investments in Pakistan. More than $2 billion, or 88%, was dedicated to eight transport projects. ADB financed or cofinanced 62% of these projects.