Sri Lanka, Oct. 31 -- The Government of Sri Lanka has successfully concluded discussions with the Asian Development Bank (ADB) to mobilize a loan of USD 90 million under the Second Integrated Road Investment Program (iRoad 2) - Tranche 5. The program aims to improve road transport efficiency by enhancing connectivity between rural communities and key socioeconomic centers, while strengthening the institutional capacity of national road agencies.

The ADB loan will support the upgrading of approximately 500 kilometers of rural access roads to all-weather, climate-resilient standards, designed to be inclusive for the elderly, women, children, and persons with disabilities. The program will also facilitate the rehabilitation of 21 kilometers...