Asian Development Bank – CAREC Transport Corridor I (Bishkek-Torugart Road) Project 3 – Additional Financing

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Project Status: Closed
Project at-a-glance
Project Name CAREC Transport Corridor I (Bishkek-Torugart Road) Project 3 - Additional Financing
Project Number 42399-024
Sector/Subsector Transport - Road transport (non-urban)
Country Kyrgyz Republic
Project Opening Date 02 Dec 2014
Project Closing Date 31 Dec 2017
Responsible Institution
Responsible International Financial Institution Asian Development Bank
Responsible Executive Agencies

Ministry of Transport and Roads

Objectives
Strategic Agenda

Environmentally sustainable growth, inclusive economic growth, and regional integration

Description

The additional financing of the Central Asia Regional Economic Cooperation (CAREC) Corridor 1 (Bishkek Torugart Road) Project 3 will cover the cost overruns that have resulted in a funding gap for the project whose rationale remains valid and physical progress on-track. The project, by improving the last 60 kilometers (km) bottleneck section of the CAREC Corridor 1 (Bishkek Torugart Road), will contribute to fostering regional trade between the Kyrgyz Republic and the People’s Republic of China (PRC) and higher mobility for people in Naryn Province where poverty is widespread. It will also help increase sustainability of the national road network by training staff on infrastructure management.

Source of Funding

Asian Development Fund

Amount of Funding

US$ 15.10 million

Project Outcome

Higher mobility for people and goods with origins and destinations in the road corridor between Naryn and Torugart

Contact Information of International Financial Institution
Organization/Department Central and West Asia Department, Asian Development Bank
Name Mirdin Eshenaliev
Address 52-54 Orozbekov Street
Province/State Bishkek
Postal Code 720040
Country Kyrgyz Republic
Phone +996 312 624195, +996 312 900445
E-mail

Online E-mail Form

Website

Link to project site

Contact Information of Project Implementer
Organization/Department Ministry of Transport and Roads
Name Kubanychbek Mamaev
Address 42 Isanova Str.
Province/State Bishkek
Postal Code 720017
Country Kyrgyz Republic
Phone +996 (312) 900 970
E-mail

bishkekoshroad@infotel.kg

Website

www.mtc.gov.kg