{"id":77170,"date":"2018-05-05T16:32:58","date_gmt":"2018-05-05T23:32:58","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=77170"},"modified":"2018-05-05T16:32:58","modified_gmt":"2018-05-05T23:32:58","slug":"sri-lanka-approves-500-million-lng-plant-near-chinese-controlled-port","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2018\/05\/05\/sri-lanka-approves-500-million-lng-plant-near-chinese-controlled-port\/","title":{"rendered":"Sri Lanka approves $500 million LNG plant near Chinese-controlled port"},"content":{"rendered":"<p>COLOMBO (Reuters) &#8211; Sri Lanka\u2019s state-run investment body has approved a $500 million liquefied natural gas plant by China Machinery Engineering Corp near a Chinese-controlled port and industrial zone, the development strategies minister said on Friday.<\/p>\n<p>The state-run Board of Investment has approved investment projects worth $1 billion in the first quarter, Malik Samarawickrama said, the largest of which was the LNG project in Hambantota, where China Merchants Port Holdings controls a Chinese-built port on a 99-year lease.<\/p>\n<p>The port, which is leased for $1.12 billion, is near the main shipping route from Asia to Europe and likely to play a major role in China\u2019s belt and road\u201d initiative<\/p>\n","protected":false},"excerpt":{"rendered":"<p>COLOMBO (Reuters) &#8211; Sri Lanka\u2019s state-run investment body has approved a $500 million liquefied natural gas plant by China Machinery Engineering Corp near a Chinese-controlled port and industrial zone, the development strategies minister said on Friday. The state-run Board of Investment has approved investment projects worth $1 billion in the first quarter, Malik Samarawickrama said, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-77170","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/77170","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=77170"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/77170\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=77170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=77170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=77170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}