Sustainable Transport Infrastructure: Road Asset Management in the CAREC Region

Publication | March 2024
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Sustainable transport asset management should be at the forefront of the CAREC corridors.

The Central Asia Regional Economic Cooperation (CAREC) region has historically been an important route for global trade – connecting Asia to Europe (and vice versa) and beyond through the ancient Silk Road before the evolution of maritime trade and commerce in the 1500s. The Asian Development Bank (ADB) initiated the subregion development program, CAREC, in 2006 with the aim of reviving the region’s commerce and trade significance by investing in six CAREC corridors. In 2013, the People’s Republic of China (PRC) launched the Belt and Road Initiative to further accelerate efforts on this front. In general, over the past 2 decades a lot of investment has been made in reviving the ancient Silk Road.

Since 2010, ADB has been putting significant effort into upgrading and building CAREC corridors, which run through the whole region. These corridors enhance inter- and intraregional connectivity and consequently promote regional economic cooperation and cross-border trade. While further efforts and resources need to be optimized for upgrading and building the corridors, special attention must be paid to looking after these corridors in terms of sustainable asset management.

We investigate road asset management (RAM) practices within the CAREC nations through which the CAREC corridors pass, with the objectives of understanding (i) what the current status of RAM is, (ii) the importance of RAM to the CAREC corridors, and (iii) the role of RAM in addressing climate change, and also (iv) identifying policies for RAM implementation.

We draw on data collected through RAM maturity assessments for 17 primary aspects of RAM practice that were completed via a self-assessment methodology, but with subsequent validation completed in four CAREC countries. Our findings indicate that while the best practice within the region for any individual aspect of RAM is of an acceptable level, there is significant variation in results both between countries and between aspects of RAM within a given country.

Finally, we used the findings to develop a range of policies that could be used to create a more sustainable and resilient road network for the region – thereby enabling the benefits envisioned from the investments in the corridors to be realized.

WORKING PAPER 1437

Additional Details

Authors
Type
Series
Subjects
  • Governance and public sector management
  • Industry and trade
  • Regional cooperation and integration
  • Transport
Countries
  • Azerbaijan
  • China, People's Republic of
  • Georgia
  • Kazakhstan
  • Kyrgyz Republic
  • Pakistan
  • Tajikistan