Regional : Supporting Startup Ecosystem in the Central Asia Regional Economic Cooperation Region to Mitigate Impact of COVID-19 and Support Economic Revival

Sovereign Project | 54341-001

The knowledge and support technical assistance (TA) will help the Central Asia Regional Economic Cooperation (CAREC) countries address challenges posed by the coronavirus disease 2019 (COVID-19) and support economic revival using information and communication technologies (ICTs) and digital technologies. The TA will support the following activities: (i) implementing CAREC initiatives on digital transformation, and (ii) supporting startup ecosystem development in the CAREC region.

Project Details

  • Project Officer
    Lazaro, Dorothea
    Central and West Asia Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Information and communication technology
Project Name
Supporting Startup Ecosystem in the Central Asia Regional Economic Cooperation Region to Mitigate Impact of COVID-19 and Support Economic Revival
Project Number
54341-001
Country / Economy
  • Regional
  • Afghanistan
  • Azerbaijan
  • Georgia
  • Kazakhstan
  • Kyrgyz Republic
  • Mongolia
  • Pakistan
  • China, People's Republic of
  • Tajikistan
  • Turkmenistan
  • Uzbekistan
Project Status
Active
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA 6602-REG: Supporting Startup Ecosystem in the CAREC Region to Mitigate Impact of COVID-19 and Support Economic Revival
Source Amount
Technical Assistance Special Fund US$ 500,000.00
Republic of Korea e-Asia and Knowledge Partnership Fund US$ 500,000.00
TA 6602-REG: Supporting Startup Ecosystem in the Central Asia Regional Economic Cooperation Region to Mitigate Impact of COVID-19 and Support Economic Revival
Source Amount
Technical Assistance Special Fund US$ 358,000.00
Regional Cooperation and Integration Fund US$ 450,000.00
Operational Priorities
  • OP2: Accelerating progress in gender equality
  • OP4: Making cities more livable
  • OP6: Strengthening governance and institutional capacity
  • OP7: Fostering regional cooperation and integration
Sector / Subsector
  • Information and communication technology / ICT industries and ICT-enabled services - ICT strategy and policy, and capacity development

Gender
Some gender elements
Description
The knowledge and support technical assistance (TA) will help the Central Asia Regional Economic Cooperation (CAREC) countries address challenges posed by the coronavirus disease 2019 (COVID-19) and support economic revival using information and communication technologies (ICTs) and digital technologies. The TA will support the following activities: (i) implementing CAREC initiatives on digital transformation, and (ii) supporting startup ecosystem development in the CAREC region.
Project Rationale and Linkage to Country/Regional Strategy
Impact

Sustainable and shared digital development for economic growth in the CAREC region

Project Outcome

Description of Outcome

Enhanced use of ICTs and digital technologies to mitigate direct and economic impact of COVID-19 and enable economic revival in the region through increased cooperation among CAREC countries

Progress Toward Outcome

Implementation Progress

Description of Project Outputs

CAREC initiatives on digital transformation implemented

Start-up ecosystem development for CAREC countries supported

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Afghanistan - Nation-wide; Azerbaijan - Nation-wide; China - Nation-wide; Georgia - Nation-wide; Kazakhstan - Nation-wide; Kyrgyz Republic - Nation-wide; Mongolia - Nation-wide; Pakistan - Nation-wide; Tajikistan - Nation-wide; Turkmenistan - Nation-wide; Uzbekistan - Nation-wide

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation, and Consultation

During Project Design
During Project Implementation

Business Opportunities

Consulting Services

To be selected and engaged by ADB

- Team of individual consultants formed by international experts (19 person-months) and national experts (46 person-months)

- Resource persons (international and national, 4.5 person-months)

Procurement

To be procured by the executing agency

Procurement of equipment will follow ADB procurement guidelines.

Contact

Responsible ADB Officer
Lazaro, Dorothea
Responsible ADB Department
Central and West Asia Department
Responsible ADB Division
Regional Cooperation and Integration Unit, CWRD (CWRC)
Executing Agencies
Asian Development Bank

Timetable

Concept Clearance
27 May 2022
Fact Finding
07 Jul 2020 to 07 Jul 2020
MRM
-
Approval
18 Nov 2020
Last Review Mission
-
Last PDS Update
18 Nov 2020

Funding

TA 6602-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
18 Nov 2020 - 18 Nov 2020 31 Dec 2023 31 Dec 2025 -
Financing Plan/TA Utilization
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
1,308,000.00 500,000.00 0.00 0.00 0.00 0.00 1,808,000.00
Cumulative Disbursements
Date Amount
11 Jul 2024 999,783.50

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.


Evaluation Documents See also: Independent Evaluation

None currently available.


Related Publications

Title Document Type Document Date
CAREC Digital Strategy 2030: Accelerating Digital Transformation for Regional Competitiveness and Inclusive Growth Policies, Strategies, and Plans Feb 2022

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