Central Asia Regional Economic Cooperation (CAREC) Program
The Central Asia Regional Economic Cooperation (CAREC) Program is a partnership of countries and development partners working together to promote development through cooperation, leading to accelerated economic growth and poverty reduction.
The program is a proactive facilitator of practical, results-based regional projects, and policy initiatives critical to sustainable economic growth and shared prosperity in the region. It is guided by the overarching vision of “Good Neighbors, Good Partners, and Good Prospects.”
CAREC 2030 provides the new long-term strategic framework for the program and prioritizes five operational clusters, encompassing both traditional and new areas of cooperation: (i)Economic and Financial Stability; (ii) Trade, Tourism, and Economic Corridors; (iii) Infrastructure and Connectivity; (iv) Agriculture and Water; and (v) Human Development.
In addition, CAREC supports the integration of information and communication technology (ICT) across the spectrum of CAREC operations to promote productivity and efficiency gains in all operational clusters.
- Health Cooperation and Digitalization Crucial in Recovery, Resilience in CAREC Region — ADB President
- Leveraging Fintech for Central Asia’s Trade Financing Needs: Supporting Underserved Micro, Small, and Medium-Sized Enterprises
- Asian Development Bank and the Kyrgyz Republic: Fact Sheet
- Asian Development Bank and Afghanistan: Fact Sheet
Asian Development Bank, CAREC Unit
6 ADB Avenue, Mandaluyong City, Metro Manila 1550, Philippines
Tel: +632 8632 4474
Fax: +632 8636 2387