Features

Kyrgyz Republic, Tajikistan welcome Afghanistan into cross-border transport accord

Senior officials of the Kyrgyz Republic and Tajikistan welcomed Afghanistan to their Cross-Border Transport Agreement (CBTA) at a meeting in Bangkok, Thailand, on 23–25 August 2011. Delegations of all three countries agreed on the final draft of the protocol of Afghanistan’s accession, which is expected to be signed at the 10th CAREC Ministerial Conference to be held in Baku, Azerbaijan, in November 2011.

CAREC highway linking Kyrgyz Republic and PRC gets $55 million ADB loan

A third highway project along the 539-kilometer (km) stretch of CAREC Corridor 1 from the Kyrgyz Republic’s capital Bishkek to Torugart, near the boundary of Xinjiang Uygur Autonomous Region of the People's Republic of China (PRC), will receive a $55 million loan from the Asian Development Bank (ADB).

First Cross-Border Transport Agreement Signed under CAREC

The Kyrgyz Republic’s Permanent Secretary of the Ministry of Transport and Communications Kubanychbek Mamaev and Tajikistan’s Minister of Transport and Communications Olimjon Boboev signed the first cross-border transport agreement (CBTA) under the Central Asia Regional Economic Cooperation (CAREC) Program.

Kyrgyz Republic’s Energy Sector Gets Assistance from ADB, World Bank

The Asian Development Bank (ADB) and the World Bank are extending assistance to the energy sector of the Kyrgyz Republic. ADB will provide a loan and a grant to help turnaround a power sector hampered by inefficiencies and losses, while the World Bank will provide funds for the energy needs of the country before winter begins.

CAREC Corridor 2 Road Project Gets $600 Million ADB Funding

The Uzbekistan road section of the A380 highway, which forms part of the Central Asia Regional Economic Cooperation (CAREC) Program's Corridor 2, is getting support from a $600 million Asian Development Bank (ADB) multitranche financing facility.

Kyrgyz Republic: Upgrade of Strategic Road Promotes Trade

Around 75 percent of the population of the Kyrgyz Republic are benefiting in some way from an upgraded road connecting the north and south of the country.

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.

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.