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.
In August 2008, a massive flood on the Koshi River in Nepal breached its east embankment, damaging a vast area of farmlands and standing crops in the Sunsari district in the eastern region. Less than a month later, incessant heavy rains caused severe landslides and flooding, ravaging the Kailali and Kanchanpur districts in the far western region.
Armenia is a landlocked country in the mountainous region of Caucasus between Asia and Europe. Following the recession triggered by the 2009 global financial crisis, its gross domestic product (GDP) contracted by 14.1%, the economy grew at an average 4.7% from 2010 to 2012 before declining to an average of 3.3% from 2013 to 2015.
Mountains and hills cover about 94% of the land area of Yunnan, a landlocked province in southwestern People’s Republic of China (PRC). In 2008, the province’s per capita gross domestic product (GDP) was 55% of the national average, the third lowest among the country’s administrative areas. Poverty incidence was among the highest, at 15% of the province’s total 45.3 million people.
Indonesia’s poor people declined from 32.53 million in March 2009 to 31.02 million in March 2010. Nevertheless, rural poverty remained high, partly because of continuing limited access to basic services and poor transport. In the urban areas where about half of the country’s 250 million people lived, only about 1% of had access to sewerage.
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