Priority Investment Needs for the Development of the Asian Highway Network

Priority Investment Needs for the Development of the Asian Highway Network

Date: 
Thursday, December 28, 2006
Type: 
Manuals, guidelines, training materials
Abstract

Upgrading and improving the Asian Highway network to the requirement of international transport is one of the important obligations of the Parties within the Intergovernmental Agreement on the Asian Highway Network. Currently, 15.8 per cent of the 141,000 km of the Asian Highway network is below the minimum standard. The secretariat completed the implementation of a project to identify investment needs and development priorities for the Asian Highway network. The publication includes a review of status of the network and priority investment needs identified at three subregional expert group meetings. A consolidated picture indicates that about US$ 26 billion is currently being invested or committed for the development of various sections of Asian Highway routes in member States and a shortfall of US$ 18 billion in the funds required to upgrade and improve about 26,000 km of the Asian Highway. It includes a list of priority projects and project profiles of selected priority projects.

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