Newport company explores partnership with China
SIMEC Uskmouth Power is to explore a partnership between the Chinese Government, Chinese Corporates and the company on their various projects in Wales.
The company recently hosted Chinese Minister Counsellor Jin Xu, his wife Bai Ziaohui, Second Secretaries Li Oiang and Huang Hongyong and Attache Zhang Peng.
Representatives from Newport City Council – the city's Mayor Councillor Herbie Thomas, Deputy Leader Councillor Ray Truman and the Cabinet Member for Regeneration and Investment, Councillor John Richards – also met with the Minister and the team at SIMEC.
Liberty House Group Managing Director Sanjeev Gupta said:
My family and I are committed to the development of our businesses in Wales. Fully implemented, we will invest hundreds of millions to bringing the steel plant and renewable energy park to their full potential generating much needed growth and employment for the region. The added benefit is that our developments will utilize technologies that will help to clean up the environment.