Chinese Company To Build Swansea Tidal Lagoon Barred By World Bank For Fraud
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All hail the Great Wall of Swansea! What could possibly go wrong?
Originally posted on NOT A LOT OF PEOPLE KNOW THAT:
By Paul Homewood
http://www.bbc.co.uk/news/uk-wales-south-west-wales-32993437
I reported back in February on plans for a tidal lagoon in Swansea Bay. Evidently the plans are moving closer to fruition.
The BBC report:
A £300m deal to build the six-mile wall for the world’s first tidal lagoon power plant in Swansea Bay has been awarded to a company from China.
China Harbour Engineering Company will open a base in the UK and spend half of the contract’s value on a British workforce, partners and supply chain.
Prime Minister David Cameron said the deal was “win-win” for both countries.
About 1,850 construction jobs could be created by the £1bn lagoon project, which could operate from 2018.
Mark Shorrock, chief executive of Tidal Lagoon Power, said: “I have worked in China, speak Chinese and have huge esteem for China’s delivery capability and ability to deliver projects to time and budget.”
The two firms could also work…
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Source: https://tallbloke.wordpress.com/2015/06/07/chinese-company-to-build-swansea-tidal-lagoon-barred-by-world-bank-for-fraud/
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