Almaty–Bishkek Economic Corridor Support

Summary

The proposed regional knowledge and support technical assistance (TA) will support the implementation of the pilot cross-border economic corridor around Almaty and Bishkek within the Central Asia Regional Economic Cooperation (CAREC) program. The Almaty Bishkek Economic Corridor (ABEC) follows a multi-sector approach to create one economic space without barriers. ABEC will allow businesses to specialize more, operate at a larger scale and achieve greater diversification and competitiveness with the purpose of exporting goods and services outside the region.

Expected Outcome

ABEC as a pilot economic corridor under CAREC successfully implemented

Expected Outputs

  • Integration of ABEC economic space
  • Implementation plan finalized
  • ABEC institutionalized

Project Types

Technical Assistance

Funding

Funding AgencyAmount (USD millions)Notes
Asian Development Bank 1.75
Total 1.75
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