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<blockquote data-quote="monson" data-source="post: 23172674" data-attributes="member: 30005"><p><strong><span style="font-size: 18px">Sri Lanka approves US$500 million LNG plant near Chinese-controlled port</span></strong></p><p></p><p>05 May 2018 09:10PM</p><p></p><p>COLOMBO: Sri Lanka's state-run investment body has approved a US$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><p></p><p>The state-run Board of Investment has approved investment projects worth US$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><p></p><p>Read more at <a href="https://www.channelnewsasia.com/news/asia/sri-lanka-approves-us-500-million-lng-plant-near-chinese-controlled-port-10206140" target="_blank">https://www.channelnewsasia.com/news/asia/sri-lanka-approves-us-500-million-lng-plant-near-chinese-controlled-port-10206140</a></p></blockquote><p></p>
[QUOTE="monson, post: 23172674, member: 30005"] [B][SIZE="5"]Sri Lanka approves US$500 million LNG plant near Chinese-controlled port[/SIZE][/B] 05 May 2018 09:10PM COLOMBO: Sri Lanka's state-run investment body has approved a US$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 US$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. Read more at [url]https://www.channelnewsasia.com/news/asia/sri-lanka-approves-us-500-million-lng-plant-near-chinese-controlled-port-10206140[/url] [/QUOTE]
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