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MANILA, Dec 21 (AFP) - The Asian Development Bank (ADB) said Saturday it had approved a soft loan of 56.5 million dollars to Sri Lanka to help renew its provincial roads and improve its transport efficiency.

Manila-based ADB will also be providing two technical assistance grants amounting to 1.35 million dollars from the Japan Special Fund to finance a feasibility study of national highways development and to help create a reform and investment program for better transport services.

The ADB project is intended to increase the portion of road works and construction contracted out to the domestic private sector.

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