Kyrgyz Republic, Tajikistan – CAREC Regional Improvement of Border Services Project Loan and Grants

1 April 2013 - The Asian Development Bank (ADB) has approved the following project loan and grants:

Description:

The project will upgrade facilities at two key border crossing points, one in Tajikistan and one in Kyrgyz Republic, and introduce a single window system for tracking cargo to cut processing time and costs. The goal is to boost the volume of trade within the CAREC (Central Asia Regional Economic Cooperation) region.

Amount: $4.2 million loan and grants of $13.4 million from ADB’s concessional Asian Development Fund.

Project ID: 46124