Almaty–Bishkek Economic Corridor Support
Summary
The proposed regional knowledge and support technical assistance (TA) will support the implementation of the pilot cross-border economic corridor around Almaty and Bishkek within the Central Asia Regional Economic Cooperation (CAREC) program. The Almaty Bishkek Economic Corridor (ABEC) follows a multi-sector approach to create one economic space without barriers. ABEC will allow businesses to specialize more, operate at a larger scale and achieve greater diversification and competitiveness with the purpose of exporting goods and services outside the region.
Expected Outcome
ABEC as a pilot economic corridor under CAREC successfully implemented
Expected Outputs
- Integration of ABEC economic space
- Implementation plan finalized
- ABEC institutionalized
Project Types
Technical Assistance
Funding
Funding Agency | Amount (USD millions) | Notes |
---|---|---|
Asian Development Bank | 1 | |
Regional Cooperation and Integration Fund | 0.75 | |
Total | 1.75 |
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