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SCORED to help promote regional economic integration: EU

SCORED to help promote regional economic integration: EU

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Jun 24, 2018 - 18:34

KABULinfo-icon (Pajhwok): The European Union, Government of Afghanistaninfo-icon, KFW (German Development Bank) and Agha Khan Development Foundation (AKDN) launched a new programme in Afghanistan to catalyse regional economic development and integration in the border regions of Afghanistan and Tajikistan, according to a statement on Sunday.

The Programme "Supporting Cooperation and Opportunities for Regional Economic Development (SCORED)" will support fostering the economic and political integration of Afghanistan with the countries in the region, in view of contributing to economic development and stability.

The main activities of this programme implemented in partnership with KFW and AKDN are construction of cross-border bridges at Ai-Khanoum port; construction of cross-border market and convention centre near Ai-Khanoum port and road improvement from the bridge to district centres in Takhar province and Khatlon city of Tajikistan.

The project will also support 300 micro enterprises in Afghanistan and 900 micro and small enterprises in Tajikistan which will help to enhance economic infrastructure, improved range and quality of micro and small enterprise support services around the border areas.

"Regional Integration at the national level is a key priority for both countries and the SCORED project is a great example. I strongly believe that by such interventions on both sides of our borders, we will witness the beginning of a new era of enhancing socio-economic improvement in our people lives" Said Mustafa Mastoor, Minister of Economy of Afghanistan.

"The launch of SCORED program is emblematic of European Union´s commitment to promoting better connectivity and economic integration for the sake of sustainable growth and job creation. This is one of the pivotal priorities of the new EU strategy for Afghanistan. Our time-tested cooperation with both KFW and AKDN gives us confidence that SCORED is in the right hands. I have no doubt that once SCORED completed, people living across the border of the designated areas will see a difference." said Pierre Mayaudon, the EU Ambassador in Afghanistan.

"AKDN is committed to working together with the Governments of Afghanistan, and Tajikistan, international partners and communities in Afghanistan and Tajikistan. This bridge is going to reconnect people living in the border regions of both Afghanistan and Tajikistan facilitating the exchanges of ideas, building open societies, enhancing trade and investment, and contributing to regional prosperity" said Nurjehan Mawani, AKDN Diplomatic Representative at the launching ceremony of the project in Kabul.

The SCORED programme that has a budget of EUR 16,000,000.00 (Sixteen Million EUR) will be completed by 2022. The project has been launched as a follow up of the EU's early assistances for this sector EUR 22,000,000.00 committed in 2010 and EUR 23,000,000 committed in 2013. The EU has been engaged in Regional connectivity and cross border management since 2010 and supporting the government of Afghanistan and its neighbours in Regional Cooperation.

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