The 1993–94 Asian Cup Winners' Cup was the fourth edition of association football competition run by the Asian Football Confederation specifically for its members cup holders.

First round

1 Al Nasr withdrew 2 Sarawak withdrew

Second round

1 New Radiant qualified for the quarter-final after Mohammedan failed to appear for the second leg due to financial problems.

Quarter-finals

1 New Radiant withdrew

Semi-finals

1 Nissan withdrew

Final

First leg

Second leg

References Stokkermans, Karel. "Asian Cup Winners Cup 1994". RSSSF.