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?

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…