Designed by the Asian Development Bank (ADB), and using data gathered from real-time road and rail cargo shipments, the corridor performance measurement and monitoring (CPMM) mechanism monitors and assesses the efficiency of the six CAREC transport corridors that link the 11 CAREC country members—Afghanistan, Azerbaijan, the People’s Republic of China, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan. It shows where shipments are moving faster along the corridors and helping business do better, while also pinpointing where delays and blockages are hindering rapid and cost-effective trade.
The CPMM provides country- and corridor-specific snapshots, and key recommendations to improve the efficiency of trade along the CAREC corridors. It informs national policymaking bodies on transport and trade blockages and helps guide infrastructure investment and trade facilitation reform and modernization. More here.
Currently, the ADB is engaged in the gradual CPMM mechanism handover process to the CAREC Institute.