Priority Investment Needs for the Development for
the Asian Highway Network
The Asian Highway network comprises more than 141,000
kilometers of roads, passing through 32 member States. Currently 16 per
cent of the network is below the agreed minimum standards. Upgrading and
improving the network to the requirements of Asian Highway Classification
and design standards is one of the main obligations of the Contracting
Parties within the Agreement.
Priority investment projects along the Asian Highway
A consolidated list of 121 priority projects in 25 member States identified at three subregional expert group meetings indicates that about US$ 25 billion is currently being invested or committed for the development of various sections of Asian Highway routes in member States and the meetings also identified a shortfall of US$ 18 billion in the funds required to upgrade and improve about 26,000 km of the Asian Highway. Member States are seeking support and assistance from bilateral donors or international financing institutions to undertake these priority projects along the Asian Highway. The project profiles of selected priority projects are available from the link below.
Note: Japan, Thailand, Malaysia, the Republic of Korea, Singapore are developing and upgrading the Asian Highway routes in their countries from national budgets. China and Kazakhstan has also indicated that they would mobilize national resources to undertake the priority projects. Information on investment requirement is not available for the Democratic People’s Republic of Korea and Turkmenistan.
Project profiles of the selected priority projects along the Asian Highway
In order to disseminate further information of the identified priority projects and promote investment for these projects among potential financiers, member States have prepared brief project profiles of the priority projects. Interested bilateral donors, international financing institutions and private investors could obtain further information on the priority project from contact address provided in the project profile.
Each project profile includes the following: project name; location; brief outline of project; rationale and objectives; scope of works; expected impacts and benefits; estimated cost; project duration; proposed financing arrangements; implementation arrangements; current status; critical success factors; other project related information; and contact details.
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