ADB grants $ 160 Mn loan to modernize Sri Lanka Railway

ADB grants $ 160 Mn loan to modernize Sri Lanka Railway

The Asian Development Bank (ADB) has approved a $160 million loan to modernize the operations and improve the efficiency of Sri Lanka Railways, the country's railway operator, by upgrading its infrastructure and technical capacity.This is ADB's first loan for Sri Lanka's railway sector, the bank said in a statement.

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