Announcement

Collapse
No announcement yet.

Asian states move step closer to building trans-national highway

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Asian states move step closer to building trans-national highway

    Agence France Presse
    April 9, 2004 Friday 7:35 AM Eastern Time

    Asian states move step closer to building trans-national highway

    BANGKOK


    A decades-old dream of building Asia's first trans-national highway
    will move a step closer this month as 24 of 32 countries committed to
    it will sign an agreement for a road from Japan to western Russia,
    the United Nations said Friday.

    The proposed Asian Highway would extend across 32 countries along
    several routes, stretching through China south to Indonesia, and as
    far west as Russia's border with Finland, according to the UN
    Economic and Social Commission for Asia and the Pacific (UNESCAP).

    "This 140,000 kilometre (87,000 mile) highway will contribute
    tremendously to regional economic integration," UNESCAP executive
    secretary Kim Hak-Su told reporters ahead of the official signing in
    Shanghai on April 26.

    "All 32 countries have agreed in principle to signing, but it will
    depend on passing this agreement internally through each country, so
    not everyone will be ready to sign in Shanghai," said Kim.

    The UN first conceived of an Asian trans-national route in 1959, but
    was unable to implement the project because of geo-political hurdles
    at the time.

    "Under the Cold War period we could not think of any highway running
    through China or even Russia or the Korean peninsula," said Kim,
    adding that all Cold War states, including North Korea, had now
    agreed to develop the route.

    The agreement in Shanghai will outline roads to be built and upgraded
    and establish minimum standards for the highway routes, while an
    overall budget and time-frame for completion are expected to be
    announced in 2006.

    "Trade is increasing quite rapidly, about 40 percent last year, and
    Asian countries realise they need this infrastructure to service that
    growth," said UNESCAP poverty and development division chief Raj
    Kumar.

    The UN would encourage governments and the private sector to jointly
    fund the project.

    "Funding arrangements are taking place now in many different forms.
    Thailand is assisting Laos and Cambodia with soft loans, India is
    assisting Nepal and Bhutan and the Asian Development Bank is looking
    at funding other portions of the scheme," said Kumar.

    The main route -- Asian Highway 1 -- is expected to start in Tokyo
    and terminate in Istanbul, passing though North and South Korea,
    China, Vietnam, Cambodia, Thailand, Myanmar, India, Pakistan,
    Afghanistan, Iran and Armenia along the way.

    From: Emil Lazarian | Ararat NewsPress
Working...
X