[Closed Event, by invitation only]
Organiser: Asian Development Bank
Asian Development Bank (ADB) is preparing a new financing facility, BUILD, to (i) strengthen cross-border transport and corridor efficiency in Central Asia Regional Economic Cooperation (CAREC) transport corridors; and (ii) scale up green, resilient, inclusive, and digitalised transport. The BUILD facility will finance a series of individual priority border crossing point (BCP) projects in West, Central, and East Asia. A programmatic approach is used to address the large number of BCP projects in a strategic, efficient, and coordinated manner reducing processing times and leveraging economies of scale.
The event will raise the awareness of ADB’s work on improving connectivity and facilitating trade in West, Central, and East Asia. Reducing travel time and transport cost along the CAREC corridors through BUILD initiative will provide significant benefits for European and Asian businesses and consumers. ADB is looking forward to obtaining overall feedback on BUILD and exploring possibilities for cooperation.
