Preparing the Central Asia Regional Economic Cooperation Corridors 2, 3 and 6 (Turkmenabat-Mary-Ashg (ADB-51360-002)

  • Turkmenistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 11, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Ministry of Railway Transport of Turkmenistan
The holder of the loan, grant, or other investment.
  • Construction
  • Technical Cooperation
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.75 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Mar 13, 2019

Disclosed by Bank Sep 19, 2018

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Project Description

This project provides technical assistance for a program to modernize railways in Turkmenistan, between Turkmenabat, Mary, Ashgabat and Turkmenbashi. THe program is expected to be undertaken in three phases:

  1. Turkmenabat - Mary
  2. Mary - Ashgabat
  3. Ashgabat - Turkmenbashi

The Asian Development Bank will process Phases 2 and 3 under additional financing. 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Ministry of Railway Transport of Turkmenistan
744007, 7 Saparmyrat Turkmenbashy The Great Avenue, Ashgabat,

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