Features

Uzbekistan Receives $100 Million ADB Loan for Railway Electrification

The Asian Development Bank (ADB) will provide a $100 million loan to Uzbekistan to finance electrification of a 140-kilometer stretch of railway between Marakand in Samarkand Province and Karshi in Kashkadarya Province.

Hairatan-Mazar-e-Sharif railway opens, highlights country-to-country cooperation

After a trial 75-kilometer journey, a train running from Hairatan at the border of Uzbekistan arrived at Afghanistan’s newly built Naibabad Station in the city of Mazar-e-Sharif on 21 December 2011. Although the seven-carriage train carried no cargo, it brought great opportunity for increased trade and cooperation between Afghanistan and its neighbors in Central Asia.

ADB pledges $4.7 billion to CAREC 2020

The Asian Development Bank (ADB) has allocated $4.7 billion over the next 3 years to support the new 10-year strategy for the Central Asia Regional Economic Cooperation (CAREC) Program or CAREC 2020, and its goals of trade expansion and improved competitiveness.

CAREC at 10: Connectivity and Trade for Prosperity

The thriving east–west trade that once spanned Central Eurasia along the famed Silk Road is being restored to its former glory thanks to growing transport and trade links being rolled out under the Central Asia Regional Economic Cooperation (CAREC) Program.

Central Asia Economy and Regional Trade

The thriving east-west trade that once spanned Central Eurasia along the famed Silk Road may soon be restored to its former glory thanks to growing transport and trade links being rolled out under the Central Asia Regional Economic Cooperation (CAREC) program.

Roads and Overland Travel Between Azerbaijan and Georgia

ADB's funding of the rehabilitation of the 35 kilometer stretch highway between Gazakh and Georgia border has led to enormous changes in the area.

CAREC highway linking Kyrgyz Republic and PRC gets $55 million ADB loan

A third highway project along the 539-kilometer (km) stretch of CAREC Corridor 1 from the Kyrgyz Republic’s capital Bishkek to Torugart, near the boundary of Xinjiang Uygur Autonomous Region of the People's Republic of China (PRC), will receive a $55 million loan from the Asian Development Bank (ADB).

CAREC senior officials meet to finalize new strategic framework

The Senior Officials’ Meeting recognized the program’s achievements since its formal establishment in 2001 and senior officials put finishing touches to a new strategic framework—aptly called CAREC 2020—that will guide the program for the next 10 years.

Turkmenistan Gets $125 Million ADB Loan for a Regional Railway Project

Turkmenistan will receive a $125 million loan, its first from the Asian Development Bank (ADB), to fund the North–South Railway Project, to install power, signaling, and telecommunication systems on 311 kilometers (km) of the 934 km planned North–South Railway Corridor.

CAREC Corridor 3 Road Project Gets $120 million ADB grant

The road is part of the Central Asia Regional Economic Cooperation (CAREC) Corridor 3 that spans almost 7,000 kilometers from the Russian Federation in the north to the Persian Gulf in the south.