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
Modernization of Sanitary and Phytosanitary Measures for Food Safety Trade Facilitation Turkmenistan ADB Technical Assistance 2016 Ongoing
Energy Efficiency and Renewable Energy for Sustainable Water Management in Turkmenistan Energy Turkmenistan GEF Technical Assistance 2015 Ongoing
Regional Power Interconnection Project Energy Afghanistan, Turkmenistan ADB, Shared Technical Assistance 2011 Completed
North-South Railway Project Transport Turkmenistan ADB, GTKM Loan 2011 Ongoing
Improving Energy Efficiency in the Residential Buildings Sector of Turkmenistan Energy Turkmenistan UNDP Technical Assistance 2011 Ongoing
North-South Railway Project Transport Turkmenistan ADB, GTKM Technical Assistance 2010 Completed
Construction of Bereket-Etrek-Turkmenistan-Iran Border Railway Transport Turkmenistan IsDB Loan 2009 Ongoing
Procurement of two oil tankers Transport Turkmenistan IsDB Loan 2009 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)