{"id":111236,"date":"2021-02-01T15:42:56","date_gmt":"2021-02-01T22:42:56","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=111236"},"modified":"2021-02-01T15:42:56","modified_gmt":"2021-02-01T22:42:56","slug":"cabinet-nod-for-ect-development-with-slpas-full-stake-wtc-to-be-developed-with-india","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2021\/02\/01\/cabinet-nod-for-ect-development-with-slpas-full-stake-wtc-to-be-developed-with-india\/","title":{"rendered":"Cabinet nod for ECT development with SLPA\u2019s full stake-WTC to be developed with India"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em><strong data-rich-text-format-boundary=\"true\">Kelum Bandara Courtesy The Daily Mirror<\/strong><\/em><\/span><\/h2>\n\n\n<p>The Cabinet today has approved a proposal to develop the East Container Terminal of Colombo Port fully under the control of Sri Lanka Ports Authority, but the West Container Terminal with a private investor as pledged in President Gotabaya Rajapaksa\u2019s apology manifesto titled \u2018Vistas of Prosperity and Splendour, a top source said.<\/p>\n\n\n\n<p>The Cabinet discussed the trade union crisis triggered by the move to develop the ECT with an Indian company.<\/p>\n\n\n\n<p>However, the ECT will be developed by the SLPA in three stages within three years. The source said the WTC would be developed in partnership with India under a business model similar to the one that was signed with the Chinese company for the development of Colombo International Container Terminal.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kelum Bandara Courtesy The Daily Mirror The Cabinet today has approved a proposal to develop the East Container Terminal of Colombo Port fully under the control of Sri Lanka Ports Authority, but the West Container Terminal with a private investor as pledged in President Gotabaya Rajapaksa\u2019s apology manifesto titled \u2018Vistas of Prosperity and Splendour, a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,6],"tags":[],"class_list":["post-111236","post","type-post","status-publish","format-standard","hentry","category-business","category-politics"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/111236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=111236"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/111236\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=111236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=111236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=111236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}