Sime banks on Weifang Port

QINGDAO, SHANDONG: Sime Darby Bhd's energy and utilities division (E&U) business in China is banking on the Weifang Port to be the key driver of growth going forward for its investments in the country as the port is strategically located in the rapidly developing Bohai Rim area.

Sime Darby energy and utilities China operations executive-vice president Timothy Lee Chi Tim said Sime Darby' investments in China were concentrated in the Shandong Province, where it was the third largest province in China in terms of gross domestic product (GDP) value.