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16 Nov 2022

Kazakhstan: Central Asia Regional Economic Cooperation Corridor 2 (Mangystau Oblast Sections) Investment Program (Multitranche Financing Facility and Project 2)

The program was intended to increase transport connectivity and efficiency and improved institutional effectiveness. It initially planned the reconstruction of 790 kilometers (km) road of CAREC Corridor 2 in Mangystau Oblast; strengthening the Ministry of Transport and Communications' (MOTC) capacity for planning, project management, asset management; and improvement of cross-border infrastructure.
This report validates the completion report's assessment of the MFF, Project, 1 and Project 2. IED overall assessment: Less than successful.

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Independent Evaluation Department, Asian Development Bank
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