Features

CAREC Reports Call for Improvement of Trade Logistics System

Improving transport and logistics systems of the countries under the Central Asia Regional Economic Cooperation (CAREC) Program will help stimulate national economic growth and promote regional cooperation, according to seven Asian Development Bank (ADB) reports on transport and trade logistics.

ADB, Kazakhstan sign CAREC Corridor 1 loan

The Asian Development Bank (ADB) and the Government of Kazakhstan signed a $187 million loan agreement on 3 December 2009 to reconstruct a 79 kilometer stretch of CAREC Corridor 1 linking Europe and the People's Republic of China.

Key section of CAREC corridor opened

The newly reconstructed 77-kilometer Osh–Gulcha road in southern Kyrgyz Republic aims to improve connectivity to regional and global markets, a main objective of the long-term development of the country.

Energy Investment Needs Top $600 billion

The Asia and Pacific region must invest between $7 trillion and $9.7 trillion in the energy sector from 2005 to 2030 to meet the rapidly growing demand for energy in the region, according to a new report released by the Asian Development Bank (ADB). Just over $600 billion in investment is needed in Central and West Asia.

Ministers endorse energy, results frameworks

Ministers at the 8th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) on 16 October endorsed two major plans to advance cooperation in the region's transport, trade and energy sectors.

New Railway to Strengthen Afghanistan Regional Links

Afghanistan’s push to develop reliable, safer, sustainable transport systems that boost growth, and increase connectivity with neighboring countries is getting support from a $165 million Asian Development Bank (ADB) grant. The funds will be used to build a 75 kilometer single line railway between Hairatan – a northern town at the border with Uzbekistan that […]

Raising Rail Safety in the People’s Republic of China

As the People's Republic of China expands its rail network and adds high-speed trains, an ADB loan is helping upgrade technology and increase security.

Preserving PRC’s Silk Road

In the People's Republic of China’s (PRC) Gansu province, cultural heritage protection was underfunded and tourism infrastructure underdeveloped. The Silk Road project is changing the province’s approach to conservation and development.

Afghanistan: Improved Roads Unlocks Access to Services and Opportunities

The freshly paved Spin–Boldak road has improved access to essential facilities and services for thousands of villagers in Kandahar Province, helping residents save on transport costs and promoting commerce.