THE Asian Development Bank (ADB) is expected to lend a record $9.1 billion to the Philippines in the next three years, with transportation projects receiving more than half that amount.

In a briefing at the multilateral lender’s headquarters in Mandaluyong City on Thursday, ADB Country Director for the Philippines Kelly Bird said the bank planned to finance projects and programs worth at least $2.5 billion annually between 2020 and 2022.

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