Features

Almaty, Kazakhstan, and Bishkek, Kyrgyz Republic, to develop first CAREC economic corridor

Almaty and Bishkek will work together to identify physical infrastructure, policy and institutional initiatives, and market opportunities for development of the economic corridor.

CAREC Corridor 2 Road Investment Program (Mangystau Oblast)

The first project under this investment program—partly funded by an Asian Development Bank (ADB) multitranche financing facility of $800 million—rebuilt about 200 kilometers along the Manasha–Beki road, improving bridges, culverts, and other infrastructure.

Faster Border Crossing Time, Higher Transport Costs in CAREC Countries

It takes slightly less time to cross border-crossing points (BCPs) but the cost of border clearances and traveling across CAREC corridors is significantly higher, according to the latest CAREC Corridor Performance Measurement and Monitoring (CPMM) Report.

Highlights of the CAREC Senior Officials Meeting

Aside from progress in the program's four priority sectors, the midyear CAREC Senior Officials' Meeting (SOM)discussed updates on the proposed economic corridor development (ECD) study, the CAREC development effectiveness review (DEfR), the CAREC corridor performance measurement and monitoring (CPMM) report, and the CAREC Institute.

Kazakhstan sees more active role in CAREC

Kazakhstan President Nursultan Nazarbayev sees more active participation by his country in CAREC as the program refines its strategies and objectives under CAREC 2020.

47th Annual Meeting – Rethinking Asia’s Challenges at the Crossroads of the Silk Road

ADB's 47th Annual Meeting, held in Astana from 2 to 5 May, saw much discussion on connectivity, innovation, and the need to keep up with the demands of a changing Asia and Pacific.

ADB President Participates in 12th CAREC Ministerial Conference

Asian Development Bank (ADB) President Takehiko Nakao gave a keynote address on the theme “Integrated Transport and Trade” at the 12th CAREC Ministerial Conference in Astana.

Central Asia Cross-Border Trade and Transport

Rehabilitated roads in landlocked Tajikistan boost trade at home and with other Central Asian nations and the People's Republic of China.

The Importance of Refreshing Cities Along the Eurasian Silk Road

As economic circumstances change and trade is reoriented towards Europe and Asia, it is important to rethink cities along the Eurasian “Silk Road.”

ADB Loan Benefits CAREC Corridor 3, Connecting Shymkent and Tashkent

The Asian Development Bank (ADB) approved a $125 million loan to finance rehabilitation of a 37-kilometer (km), four-lane section of the 99 km Shymkent-Tashkent road.