CAREC Corridor Development Investment Program

Summary

The technical assistance (TA) will design a multitranche financing facility (MFF) to assist the government in improving the CAREC corridors to serve the needs of surrounding countries to be interconnected through Pakistan and thereby acting as a regional hub to promote regional integration and intra- and inter-regional trade.

Expected Outcome

The proposed MFF will enhance regional connectivity and trade in Pakistan by improving the efficiency for road traffic along the CAREC corridors.

Expected Outputs

The TA will conduct a feasibility assessment for the first tranche project including preliminary engineering designs; cost estimating; technical, financial, economic, and socioeconomic analysis; environmental analysis; social impact assessment; a study for initial benchmark performance indicators; and preparation of project evaluation and monitoring framework.