Implementing the Central Asia Regional Economic Cooperation 2030 Strategy for Sustainable Regional D (ADB-52048-001)

Regions
  • Europe and Central Asia
Where the impacts of the investment may be experienced.
Countries
  • Afghanistan
  • Azerbaijan
  • China
  • Georgia
  • Kazakhstan
  • Kyrgyzstan
  • Mongolia
  • Pakistan
  • Tajikistan
  • Turkmenistan
  • Uzbekistan
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
Active
Bank Risk Rating
U
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
Jul 31, 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.
Sectors
  • Agriculture and Forestry
  • Education and Health
  • Energy
  • Industry and Trade
  • Technical Cooperation
  • Transport
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 4.00 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 Aug 6, 2018


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Project Description

According to Bank documents, this project provides technical assistance to support the implementation of the Central Asia Regional Economic Cooperation 2030 strategy which seeks to deepen cooperation in transport, energy, trade and economic corridor development, and expand into new areas. New areas of expansion include:

  • Economic and financial stability
  • Trade, tourism, and economic corridors
  • Infrastructure and economic connectivity
  • Agriculture and water
  • Human development

This technical assistance will identify and implement regional initiatives in these areas of cooperation, facilitate policy dialogue and knowledge sharing across CAREC countries, increase coordination between CAREC stakeholders, and improve monitoring and evaluation mechanisms. 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

No contact information available at time of writing.

ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main