Projects
CAREC is a practical, project-based program that has grown from 6 projects worth $247 million in 2001, to 176 projects worth more than $29.4 billion in 2016.

Projects Supported by the CAREC Program

From a modest start, the number and value of CAREC projects-including loans, grants, and technical assistance-have grown rapidly from 2001 to 2016. Regional cooperation has proved to be a powerful planning tool that helps the CAREC countries prioritize and implement national projects that bring regional impact and benefit.

Amount of Loans and Grants, by Sector (as of end-2016, in $ million)




Complete Projects List

Each project entry contains detailed information, including a description, country coverage, priority area or sector, expected outputs and outcomes, approval and expected completion dates, funding type and amount, and related links and documents. The list also includes CAREC-related technical assistance programs.

You can view the complete list of funding agencies below.

Project Title Sectors Countries Funding Agencies Funding Types Approval Year Status
Railway Sector Development Program Transport Azerbaijan ADB Technical Assistance 2016 Ongoing
Third Highway Project, Additional Financing Transport Azerbaijan GAZE, WB Loan 2016 Ongoing
Support to the Development of Red Bridge Border Crossing Point between Azerbaijan and Georgia Trade Facilitation Azerbaijan EU, GAZE Technical Assistance 2016 Ongoing
Preparing MFF Power Distribution Enhancement Investment Program Energy Azerbaijan ADB Technical Assistance 2015 Ongoing
Third Road Network Development Investment Program Transport Azerbaijan ADB Technical Assistance 2014 Ongoing
Better Coordination of Protection of the Land Border between Azerbaijan and Georgia Trade Facilitation Azerbaijan EU, GAZE, UNDP Technical Assistance 2014 Ongoing
MFF: Second Road Network Development Program, Tranche 2 Transport Azerbaijan ADB, GAZE Loan 2014 Ongoing
MFF: Road Network Development Program, Tranche 4 Transport Azerbaijan ADB, GAZE Loan 2014 Ongoing
Rail Trade and Transport Facilitation Project (East - West main line), Additional Financing Transport Azerbaijan GAZE, WB Loan 2013 Ongoing
Modernization of Customs Services in Azerbaijan Project Trade Facilitation Azerbaijan GAZE, UNDP Technical Assistance 2013 Completed
MFF: Second Road Network Development Program, Tranche 1 Transport Azerbaijan ADB, GAZE Loan 2012 Ongoing
Second Road Network Development Program Transport Azerbaijan ADB Technical Assistance 2012 Completed
Integrating Climate Change Risks into Water and Flood Management by Vulnerable Mountainous Communities in the Greater Caucasus Region Multisector Azerbaijan UNDP Technical Assistance 2012 Ongoing
Road Network Development Program, Tranche 3 Transport Azerbaijan ADB, GAZE Loan 2011 Ongoing
Road Reconstruction and Upgrading Project Transport Azerbaijan EBRD Loan 2011 Ongoing
Roads Reconstruction and Upgrading Project Transport Azerbaijan EBRD Technical Assistance 2011 Ongoing
Modernization of Customs Services in Azerbaijan Trade Facilitation Azerbaijan GAZE, UNDP Technical Assistance 2011 Completed
Supporting Integrated Border Management Systems in the South Caucasus Trade Facilitation Azerbaijan EU, UNDP Technical Assistance 2010 Completed
Third Highway Project Transport Azerbaijan GAZE, WB Loan 2010 Ongoing
Second Highway Project, Second Additional Financing Transport Azerbaijan GAZE, WB Loan 2009 Completed
Power Distribution Development Investment Program Energy Azerbaijan ADB, GAZE Technical Assistance 2009 Completed
Baku Waste-to-Energy Plant Energy Azerbaijan IsDB Loan 2009 Completed
Preparing the Railways Sector Development Program Transport Azerbaijan ADB, GAZE Technical Assistance 2008 Completed
Power Transmission Enhancement Project Energy Azerbaijan ADB, AOJSC Loan 2008 Completed
MFF: Road Network Development Program, Project 2 (Ganja Bypass) Transport Azerbaijan ADB, GAZE Loan 2008 Completed
Second Highway Project, First Additional Financing (East-West & North-South Corridors: Alat-Masali and Tagiyev-Sahil) Transport Azerbaijan GAZE, WB Loan 2008 Completed
Power Transmission Enhancement Project Energy Azerbaijan ADB, GAZE Technical Assistance 2008 Completed
Rail Trade and Transport Facilitation Project (East-West main line) Transport Azerbaijan GAZE, WB Loan 2008 Ongoing
MFF: Road Network Development Program, Tranche 1 Transport Azerbaijan ADB, GAZE Loan 2007 Ongoing
Southern Road Corridor Improvement Project (Supplementary) Trade Facilitation, Transport Azerbaijan ADB Technical Assistance 2006 Completed
Modernization of Customs Services in Azerbaijan Project Trade Facilitation Azerbaijan Shared, UNDP Technical Assistance 2006 Completed
Second Highway Project Transport Azerbaijan GAZE, WB Loan 2006 Completed
East-West Highway Improvement Project Transport Azerbaijan ADB, GAZE, IsDB, Saudi Fund Loan 2005 Completed
Southern Road Corridor Improvement Project (Alyat-Astara Road) Trade Facilitation, Transport Azerbaijan ADB, GAZE Technical Assistance 2005 Completed
Southern Road Corridor Improvement Project (Alyat-Astara Road) Transport Azerbaijan ADB Technical Assistance 2005 Completed
Capacity Building Support to the Ministry of Economic Development to Develop a Competitive Non-oil Sector in Azerbaijan Trade Policy Azerbaijan GAZE, UNDP Technical Assistance 2005 Completed
Implementation of the Corporate Plan of the Road Transport Services Department Transport Azerbaijan EBRD Technical Assistance 2005 Completed
Baku to Samur Transport Azerbaijan EBRD Loan 2005 Ongoing
Transport Sector Development Strategy Trade Facilitation, Transport Azerbaijan ADB, GAZE Technical Assistance 2005 Completed
Shagon-Zigar Road Reconstruction, Phase II Transport Azerbaijan IsDB Loan 2005 Completed
Yevlax-Ganja Road Rehabilitation Project Transport Azerbaijan ADB Technical Assistance 2004 Completed
Silk Road Project Transport Azerbaijan EBRD Loan 2004 Ongoing
Silk Road (Hajigabul-Kyurdamir Road Section) Transport Azerbaijan EBRD Loan 2004 Completed
Gazzi Mammed-Kyurdamir Road: Revisions to Designs Transport Azerbaijan EBRD Technical Assistance 2004 Completed
Shagon-Zigar Road Rehabilitation Project Transport Azerbaijan IsDB Loan 2003 Completed
Capacity Building for Developing Member Countries on the WTO Trading System Trade Facilitation Azerbaijan, Kazakhstan, Kyrgyz Republic, Mongolia ADB Technical Assistance 2002 Completed
Highway Project Transport Azerbaijan EU-TACIS, GAZE, WB Loan 2001 Completed
Funding Agencies
ACG = Arab Coordination Group, ADB = Asian Development Bank, AITF = Afghanistan Infrastructure Trust Fund, AOJSC = Azerenergy Open Joint-Stock Company, APG = Altay Prefecture Government (PRC), ARTF = Afghanistan Reconstruction Trust Fund, Barki Tajik = Barki Tajik, BCPR = Bureau for Crisis Prevention and Recovery, BMAP = Boertala Mongolian Autonomous Prefecture Government (PRC), CAREC = Central Asia Regional Economic Cooperation, CDB = China Development Bank (People's Republic of China), CEF = Clean Energy Fund (Multidonor), DBK = Development Bank of Kazakhstan, DFID = Department for International Development, e-AKPF = e-Asia and Knowledge Partnership Fund (Republic of Korea), EBRD = European Bank for Reconstruction and Development, EDB = Eurasian Development Bank, ENVSEC = Environment and Security Initiative, EU = European Union, EU-TACIS = European Union-Technical Assistance for the Commonwealth of Independent States, FRDU = Fund for Reconstruction and Development of the Republic of Uzbekistan, GDEN = Government of Denmark, GEF = Global Environment Facility, GFIN = Government of Finland, GGER = Government of Germany, GROK = Government of the Republic of Korea, GRUS = Government of the Russian Federation, GUKG = Government of the United Kingdom, GUSA = Government of the United States, GXUAR = Government of Xinjiang Uygur Autonomous Region (PRC), IFC = International Finance Corporation, IsDB = Islamic Development Bank, JFPR = Japan Fund for Poverty Reduction, JICA = Japan International Cooperation Agency, KfW = Kreditanstalt fr Wiederaufbau (KfW Bankengruppe), MOC-PRC = Ministry of Communications - People's Republic of China, NDF = Nordic Development Fund, OFS = Other Fund Sources, OPEC Fund = OPEC (Organization of the Petroleum Exporting Countries) Fund for International Development, PPIAF = Public-Private Infrastructure Advisory Facility, PRCF = People's Republic of China (PRC) Regional Cooperation and Poverty Reduction Fund, Saudi Fund = Saudi Fund for Development, SDC = Swiss Agency for Development and Cooperation, Shared = Shared, TIKA = Turkish International Cooperation and Coordination Agency, UNDP = United Nations Development Programme, UNESCAP = United Nations Economic and Social Commission for Asia and the Pacific, UNOPS = United Nations Office for Project Services, UZEN = Uzbekenergo, WB = World Bank, YMG = Yining Municipal Government (PRC)