Features

Master Plan Aims to Boost Gas Sector in Afghanistan

Afghanistan will receive technical assistance from the Asian Development Bank (ADB) in developing a 20-year master plan to support the country's emerging natural gas sector.

Mapping the Renewable Energy Revolution

A new World Bank program is helping developing countries map their renewable energy potential in a new way that produces rich, nationwide data.

Tajikistan Hydropower: Strengthening the Power Supply

The Soviet-era Nurek hydropower plant supplies most of Tajikistan's electrical power, but its technology is antiquated and the land its switchyard is built on is sinking, requiring an ADB intervention of funds and expertise.

Regional cooperation discussion highlights CAREC progress

The Central Asia Regional Economic Cooperation (CAREC) "ultimately seeks to create seamless connectivity and strengthen regional cooperation and integration processes in Central Asia," Kazakhstan Vice-Minister of Economy and Budget Planning Madina Abylkassymova said at the Regional Cooperation in a Changing Global Economic Landscape on 5 March 2013 at the Asian Development Bank (ADB) headquarters, Manila.

Grants for Energy and Transport Projects in Afghanistan Signed

Afghanistan will receive around $436 million in grants from the Asian Development Bank (ADB). Three grant agreements for energy and transport projects were signed by Finance Minister Omar Zakhilwal of the Islamic Republic of Afghanistan and ADB Country Director Joji Tokeshi of the Afghanistan Resident Mission.

Securing Power Supply in Uzbekistan’s Fergana Valley

The $288 million Namangan 500-Kilovolt (kV) Power Transmission Project will enhance reliability of the power supply to Uzbekistan's Fergana Valley.

CAREC region has favorable growth, but policy challenges remain

CAREC countries, excluding the People's Republic of China (PRC), will continue to post a solid recovery in 2013, based on the “Outlook for the Global Economy and CAREC Countries” presentation of the International Monetary Fund (IMF) at the 11th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) on 30 October 2012.

The Wuhan Action Plan charts the path of the CAREC Program

In October 2012, Ministers of Afghanistan, Azerbaijan, the People’s Republic of China, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan endorsed the Wuhan Action Plan. The Action Plan will guide the CAREC Program in implementing the CAREC 2020 strategic framework.

CAREC Ministers Issue Joint Statement to Support CAREC 2020 Implementation Plan

At the conclusion of the 11th Ministerial Conference on Central Asia Regional Economic Cooperation on 30 October 2012, CAREC Ministers lauded the progress the CAREC Program since 2001.

CAREC Ministers Endorse Wuhan Action Plan

Ministers of the 10 Central Asia Regional Economic Cooperation (CAREC) Program member countries endorsed the Wuhan Action Plan (Action Plan) at the 11th Ministerial Conference, held in Wuhan, People’s Republic of China (PRC).