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ADB approves 200-mln-USD loan to boost Philippine infrastructure projects

MANILA, Dec. 8 (Xinhua) — The Asian Development Bank (ADB) Friday said it has approved a loan of 200 million U.S. dollars to support the Philippines in delivering “high-quality, inclusive, climate-resilient, and low-carbon public infrastructure.”

The loan will support the preparation of “complex and critical climate-resilient” road, bridge, transport, and flood risk management projects identified by the governm