Sustainable Tourism Development in the CAREC Region

Summary

The proposed regional knowledge and support technical assistance (TA) will support the development of a comprehensive framework to promote tourism development and cooperation in the CAREC region, including through the formulation of a CAREC tourism strategy leading to 2030 and an integrated investment action plan with concrete projects to be implemented over the strategy period. The TA will also seek to enhance the capacity of tourism agencies and promote dialogue between public and private tourism stakeholders in the region.

Expected Outcome

Increased cooperation among CAREC countries to position the region as a globally attractive tourism destination

Expected Outputs

  • CAREC tourism sector strategy 2030 developed
  • Regional investment framework (2021- 2025) prepared
  • Institutional capacity of tourism authorities and exchange of information enhanced

Project Types

Technical Assistance

Funding

Funding AgencyAmount (USD millions)Notes
Asian Development Bank 0.5
United Kingdom Fund for Asia Regional Trade and Connectivity 1.5
Total 2
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