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Ch.Otgochuluu Chief Economist Competitiveness in Central Asia

28.09.2015 competitiveness in central asia

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Page 1: 28.09.2015 competitiveness in central asia

Ch.Otgochuluu Chief Economist

Competitiveness in Central Asia

Page 2: 28.09.2015 competitiveness in central asia

ADB began the Central Asia Regional Economic Cooperation (CAREC) Program in 1997 to foster economic cooperation and integration in Central Asia.

10 countries (Afghanistan, Azerbaijan, People ’s Republic of China, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan)

• energy • trade policy • transport • trade facilitation

Pushing for Energy Security and Trade in the Region

Trade Expansion through Regional Cooperation

Connecting CAREC Countries and People

Faster, More Efficient Movement Across Borders

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The CAREC Corridors Corridor 1: Europe–East Asia (Kazakhstan, the Kyrgyz Republic, and XUAR) Corridor 2: Mediterranean–East Asia (Afghanistan, Azerbaijan, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, Uzbekistan, and XUAR) Corridor 3: Russian Federation–Middle East and South Asia (Afghanistan, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan) Corridor 4: Russian Federation–East Asia (IMAR, Mongolia, and XUAR) Corridor 5: East Asia–Middle East and South Asia (Afghanistan, the Kyrgyz Republic, Pakistan, Tajikistan, and XUAR) Corridor 6: Europe–Middle East and South Asia (Afghanistan, Kazakhstan, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan) IMAR = Inner Mongolia Autonomous Region; XUAR = Xinjiang Uygur Autonomous Region. Both are regions of the People’s Republic of China.

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- attract interest of national and foreign private sector (developers, financiers, technology and solution providers) to invest in the region,

- showcase successes realized and identify needed improvements in the investment climate

- develop concrete and innovative solutions with ADB, the private sector, and development partners to attract investments from potential investors from CAREC member countries as well as other industrialized countries

First time, CAREC Investment forum organized by ADB, ERDENES MONGOL, BCM in Ulaanbaatar, Mongolia

- In this forum attended 26 countries 35 0 participants

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Panel 1: Recipe for Success in CAREC

Keynote Address

Panel 2: The CAREC Region— Land of Opportunities

Panel 3: Investing in a Regionally Connected Mongolia

Afghanistan Azerbaijan People’s Republic China Kazakhstan Kyrgyz Republic Mongolia Pakistan Tajikistan Turkmenistan Uzbekistan

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Business oriented,

Profitable

Government dependency

Socially oriented,

Unprofitable

Good governance,

Independent operation

2012

2015

2020

2018

2022

2025

2008

Erdenes Mongol development vision

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Thank you