News

CAREC ministers agree on $23 billion action plan to boost Central Asian links

Ministers of the 10 Central Asia Regional Economic Cooperation (CAREC) Program nations have agreed on a plan to implement more than $23 billion in new regional transport infrastructure projects, together with energy and trade initiatives, aimed at creating seamless connectivity and greater prosperity in the region.

Regional energy, connectivity issues to be discussed during CAREC conference

Ministers from 10 countries, including Turkmenistan, will discuss ways to promote regional energy trade and promote greater connectivity during the upcoming 11th Central Asia Regional Economic Cooperation (CAREC) Program’s Ministerial Conference, taking place on 29-31 October in Wuhan, Hubei Province, People’s Republic of China (PRC).

CAREC ministers to gather in People’s Republic of China to chart way forward for the region

Ministers from 10 nations spanning the Caucasus, Central, East, and South Asia will gather on 29-31 October to discuss concrete ways to boost connectivity and cooperation in their region through to 2020.

Afghanistan connects through CAREC road and railway corridors

Trains loaded with cargo have started to roll on Afghanistan’s first railway, part of an expanding transport network in the region, that is moving the country toward its potential as a crossroads for trade and commerce.

CAREC Ministerial Conference opens in People’s Republic of China

The 11th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) is taking place in Wuhan, People’s Republic of China (PRC) on 29-31 October.

Tajikistan improves connectivity and increases trade with CAREC support

More than 500 kilometers of regional roads in Tajikistan get support under the Central Asia Regional Economic Cooperation (CAREC) Program.

Construction set to begin on Kunduz to Taluqan transmission line

A ceremony to mark the start of construction on an Asian Development Bank (ADB)-funded power transmission line linking the northern Afghanistan cities of Kunduz and Taluqan has taken place at Taluqan in Takhar province.

Road safety audits can improve road safety

With the People's Republic of China’s rapidly expanding road networks and a growing concern for road safety on both new and existing road projects, well-executed road safety audits can help improve road safety and reduce the number and seriousness of car accidents at a low cost to benefit ratio, says a new World Bank paper.

ADB to upgrade CAREC road in northern Tajikistan

The Asian Development Bank (ADB) is providing a $100 million grant to help Tajikistan upgrade a vital road between Ayni-Panjakent and the Uzbek border in northern Tajikistan.

ADB promotes energy efficiency solutions in the People’s Republic of China

The People’s Republic of China (PRC) must develop energy efficiency solutions to support its economic growth without endangering the environment, said Hamid L. Sharif, Country Director of the Asian Development Bank (ADB) for the PRC.