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ADB approves P17-billion loan for Philippines’ flood control projects

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The loan will be used to restore and reconnect river channels as well as reinforce riverbanks in parts of Luzon and Mindanao

MANILA, Philippines – The Asian Development Bank approved a $303-million loan for the Philippines’ flood control projects.

The ADB said the projects would restore and reconnect river channels for natural drainage as well as reinforce riverbanks with mangroves and vegetation planting.

 

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