25 Years of Partnership: Shaping the Future Together

Guided by the vision of
“Good Neighbors, Good Partners, Good Prospects,”
the CAREC Program has connected people, aligned policies, and mobilized projects that drive shared and sustainable development across the region.

Regional Cooperation Milestone

25 Years of Partnership

Over the past 25 years, CAREC countries, together with development partners, have mobilized $57.9 billion in investments, built multimodal transport networks, strengthened energy trade and security, enabled the freer movement of people and goods, advanced economic corridor development, and laid the foundations for regional cooperation in health, agriculture, water, tourism, and skills development.

Economic & Financial Stability

$1.96 billion mobilized across 7 projects

Increasing regional macroeconomic stability, improving investment and financial integration

Trade Tourism & Economic Corridors

$2.3 billion mobilized across 22 projects

Advancing integration in the regional economy, enhancing tourism competitiveness, and strengthening cross-border integration

Infrastructure & Economic Connectivity

$51.82 billion mobilized across 246 projects 

Enhancing economic connectivity and increased sustainability and resilience of regional infrastructure 

Agriculture & Water

$1.41 billion mobilized across 15 projects 

Expanding agricultural trade and effective transboundary water resource management 

Human Development

$0.34 billion mobilized across 9 projects 

Increased regional cooperation in education and health 

Cross-cutting Themes

Gender, digital development, climate change adaptation and mitigation 

$57.9 Bln

Total Investments Mobilized

11

Member Countries

300

Projects Completed & Ongoing

5

Operational Clusters

3

Cross-cutting Themes

25 Years of Progress

CAREC JOURNEY

1996

Laying the Foundations

Technical assistance to promote regional economic cooperation is approved.

1997

Laying the Foundations

Technical assistance to promote regional economic cooperation is approved.

1998

Laying the Foundations

Technical assistance to promote regional economic cooperation is approved.

2000

Laying the Foundations

Technical assistance to promote regional economic cooperation is approved.

2001

Laying the Foundations

Technical assistance to promote regional economic cooperation is approved.

2002

Laying the Foundations

Technical assistance to promote regional economic cooperation is approved.

CAREC in Action

From transport and energy to trade and human development, CAREC is translating regional cooperation into tangible results that connect economies and improve lives.

Our Members

CAREC Countries

Azerbaijan

Member since 2003

People’s Republic of China

Member since 1997

Georgia

Member since 2016

Kazakhstan

Member since 1997

Kyrgyz Republic

Member since 1997

Mongolia

Member since 2002

Pakistan

Member since 2010

Tajikistan

Member since 1998

Turkmenistan

Member since 2010

Uzbekistan

Member since 2010
Afghanistan became member in 2005. ADB has placed its regular assistance to Afghanistan on hold effective 15 August 2021.

Development Partners

CAREC Partners mobilize investments, technical assistance, and knowledge and capacity building to support shared and sustainable development across the region.

The Next Chapter of CAREC

As CAREC enters its next chapter, the program will build on 25 years of partnership to deepen regional integration, accelerate climate action, and scale up investments in connectivity, trade, and human development.

Anchored in CAREC 2030, the focus will shift from strategy to delivery—mobilizing finance, strengthening institutions, and advancing innovative solutions to meet evolving regional and global challenges.

“Our vision for CAREC is clear: a region that is economically resilient, environmentally sustainable, socially inclusive, and digitally connected.”
President, Asian Development Bank

Multimedia Resources

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Publications

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Videos

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Events

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Photo Gallery

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