Features

Kazakhstan sees more active role in CAREC

Kazakhstan President Nursultan Nazarbayev sees more active participation by his country in CAREC as the program refines its strategies and objectives under CAREC 2020.

47th Annual Meeting – Rethinking Asia’s Challenges at the Crossroads of the Silk Road

ADB's 47th Annual Meeting, held in Astana from 2 to 5 May, saw much discussion on connectivity, innovation, and the need to keep up with the demands of a changing Asia and Pacific.

ADB President Participates in 12th CAREC Ministerial Conference

Asian Development Bank (ADB) President Takehiko Nakao gave a keynote address on the theme “Integrated Transport and Trade” at the 12th CAREC Ministerial Conference in Astana.

Central Asia Cross-Border Trade and Transport

Rehabilitated roads in landlocked Tajikistan boost trade at home and with other Central Asian nations and the People's Republic of China.

The Importance of Refreshing Cities Along the Eurasian Silk Road

As economic circumstances change and trade is reoriented towards Europe and Asia, it is important to rethink cities along the Eurasian “Silk Road.”

ADB Loan Benefits CAREC Corridor 3, Connecting Shymkent and Tashkent

The Asian Development Bank (ADB) approved a $125 million loan to finance rehabilitation of a 37-kilometer (km), four-lane section of the 99 km Shymkent-Tashkent road.

Kazakhstan, World Bank Sign Loan Agreement on CAREC Corridor 1b Road Project

The Republic of Kazakhstan and the World Bank signed a loan agreement on the East-West Roads Project (Almaty-Khorgos section): the International transit corridor Western Europe-Western China (CAREC 1b) on 10 October 2012. Kazakhstan's Minister of Finance Bolat Zhamishev said the agreement will complete the upgrade of the transit corridor.

Shardara Hydropower Plant Receives EBRD Loan for Modernization

The European Bank for Reconstruction and Development (EBRD) has allocated a loan of 9.15 billion tenge (€50 million) to finance modernization of the 100-megawatt Shardara hydropower plant in South Kazakhstan.

Kazakhstan Road Section of the South–West Transport Corridor Receives EBRD Loan

The European Bank for Reconstruction and Development (EBRD) is providing a $197 million loan for the reconstruction and upgrading of the 62-kilometer road section that connects the city of Shymkent and the Uzbekistan border. The estimated total project cost is $231 million.

From South–West to East–West Roads, Kazakhstan’s CAREC Corridor 1 Portion Gets Another Upgrade

Central Asia Regional Economic Cooperation (CAREC) Corridor 1b, also called the Western Europe–Western [People's Republic of] China Corridor, will be further improved by the East–West Roads Project. The World Bank approved a $1,068 million loan in May 2012 for this project in Kazakhstan, aiming to increase transport efficiency along the road corridor within Almaty Oblast, and modernize highway management on sections of the corridor.