Sri Lanka, Oct. 31 -- The Government of Sri Lanka has successfully concluded discussions with the Asian Development Bank (ADB) to mobilize a loan amounting to USD 90 million under the Second Integrated Road Investment Program (iRoad 2) - Tranche 5.

The objective of this program is to enhance road transport efficiency by improving connectivity between selected rural communities and key socioeconomic centers, while also strengthening the institutional capacity of national road agencies, the Ministry of Finance, Planning and Economic Development said in a statement.

The loan, extended by ADB, will support the upgrading of approximately 500 kilometers of rural access roads to all-weather, climate-resilient standards that are inclusive and f...