With the aim to improve regional connectivity, cut transport costs, and increase competitiveness, the Central Asia Regional Economic Cooperation (CAREC) Program has been developing 6 transport corridors since 1997.
Roads are a key element of Kazakhstan’s transport system: they provide access to rural areas and facilitate transit traffic and in-country movement. Despite this, much of the country’s road network was for a long time in poor condition.
At the request of the Government of India (GOI), the Asian Development Bank (ADB) approved in March 2006 a 4-tranche, $300 million multitranche financing facility (MFF) to help implement the Uttarakhand Power Sector Investment Program (UPSIP). The UPSIP aimed to meet the priority infrastructure requirements identified in Uttarakhand’s roadmap for state energy sector development.
Uttarakhand, in the northern part of India, is one the country’s poorest states. It was created in November 2000 from a split in the state of Uttar Pradesh. At around 2008, its annual per capita electricity consumption was less than half the national average, and economic development was constrained by lack of power supply.