News

CAREC to support key new routes to boost regional trade

The 10 members of the Central Asia Regional Economic Cooperation (CAREC) program will develop key new road and rail routes linking Central Asia to People’s Republic of China (PRC) and South Asia between now and 2020 to realize the huge trade potential between the three regions.

Power swaps can help Asia-Pacific manage daunting future energy needs – report

Cross-border power exchanges can play a central role in helping Asia and the Pacific meet its booming demand for power, which is set to sharply outpace the rest of the world’s over the next two decades, says a comprehensive new report from the Asian Development Bank.

Central Asia officials meet to discuss implementation of CAREC Program

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program met in Almaty to review the implementation of the program aimed to develop regional transport networks, boost regional trade, and secure an efficient, reliable energy supply.

Asia’s future prosperity requires major change in energy use

Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a new Asian Development Bank (ADB) report.

Government of Afghanistan signs $250 million grant with the World Bank to strengthen village–level governance and improve rural infrastructure

A $250 million grant, to finance the on-going third phase of the National Solidarity Program (NSP III) of the government of Afghanistan, was signed between the Ministry of Finance and the World Bank.

Afghanistan: Afghan road workers learn about HIV/AIDS

An innovative ADB project in Afghanistan introduces safe sex practices in a culturally sensitive manner.

CAREC ministers agree on $23 billion action plan to boost Central Asian links

Ministers of the 10 Central Asia Regional Economic Cooperation (CAREC) Program nations have agreed on a plan to implement more than $23 billion in new regional transport infrastructure projects, together with energy and trade initiatives, aimed at creating seamless connectivity and greater prosperity in the region.

CAREC ministers to gather in People’s Republic of China to chart way forward for the region

Ministers from 10 nations spanning the Caucasus, Central, East, and South Asia will gather on 29-31 October to discuss concrete ways to boost connectivity and cooperation in their region through to 2020.

Afghanistan connects through CAREC road and railway corridors

Trains loaded with cargo have started to roll on Afghanistan’s first railway, part of an expanding transport network in the region, that is moving the country toward its potential as a crossroads for trade and commerce.

Construction set to begin on Kunduz to Taluqan transmission line

A ceremony to mark the start of construction on an Asian Development Bank (ADB)-funded power transmission line linking the northern Afghanistan cities of Kunduz and Taluqan has taken place at Taluqan in Takhar province.