Features

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.

Afghanistan to Receive $341.5 Million for Road and Power Projects

The Asian Development Bank (ADB) will provide $341.5 million in grants and technical assistance to Afghanistan for the completion of the country’s vital Ring Road and improvement of its power sector.

First Cross-Border Transport Agreement Signed under CAREC

The Kyrgyz Republic’s Permanent Secretary of the Ministry of Transport and Communications Kubanychbek Mamaev and Tajikistan’s Minister of Transport and Communications Olimjon Boboev signed the first cross-border transport agreement (CBTA) under the Central Asia Regional Economic Cooperation (CAREC) Program.

A Perfect 10 for CAREC

As the Central Asia Regional Economic Cooperation (CAREC) Program prepares for its next decade of regional cooperation, Ministers at the 9th Ministerial Conference in Cebu, Philippines welcomed the accession of two new members - Turkmenistan and Pakistan - increasing the Program’s member countries from 8 to 10.

Central Asia Atlas of Natural Resources

Central Asia—the region made up of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan—is a vast land mass separating the countries of Eastern Europe and the Caucasus from East and South Asia. It is a region rich in natural resources, including oil and gas, and has a surprising variety of animals and plants.

CAREC Corridor 2 Road Project Gets $600 Million ADB Funding

The Uzbekistan road section of the A380 highway, which forms part of the Central Asia Regional Economic Cooperation (CAREC) Program's Corridor 2, is getting support from a $600 million Asian Development Bank (ADB) multitranche financing facility.

New Road Cuts Travel Time to Tajikistan Capital

Thanks to a new concrete and asphalt road from their village to the capital, residents of Obi Garm can travel to Dushanbe in half the time as in years past.