Central Asia Regional Economic Cooperation (CAREC) Program

In the Spotlight

The Central Asia Regional Economic Cooperation, or CAREC, Program is a partnership of 11 countries (Afghanistan, Azerbaijan, People's Republic of China, Georgia, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan), supported by 6 multilateral institutions, working together to promote development through cooperation, leading to accelerated growth and poverty reduction.

The Program's long-term vision is Good Neighbors, Good Partners, and Good Prospects.

With the rapid economic expansion of the People's Republic of China and Japan to the east, the Russian Federation to the north, and India and Pakistan to the south, there is unprecedented opportunity for CAREC countries to emerge as a center of trade and commerce, achieve higher levels of economic growth, and reduce poverty.

CAREC helps Central Asia and its neighbors realize their significant potential by promoting regional cooperation in four priority areas: Transport; Trade Facilitation; Energy, and Trade Policy.


Latest

  • News Release 24 Apr 2017

    ADB Approves $80 Million for Uzbekistan Railway Electrification

    ADB has approved an $80 million loan for the electrification of 145 kilometers (km) of railway in Uzbekistan, linking the cities of Pap, Namangan, and Andijan. 
  • Publication 24 Apr 2017

    Asian Development Bank and Pakistan: Fact Sheet Asian Development Bank and Pakistan: Fact Sheet

    ADB continues a focus on infrastructure development and institutional reforms in Pakistan through its country partnership strategy.
  • Publication 24 Apr 2017

    Asian Development Bank and Mongolia: Fact Sheet Asian Development Bank and Mongolia: Fact Sheet

    ADB assistance to Mongolia raises standards of living by combining targeted financing with best-practice knowledge from around the world.