Chinese firm to help build UK tidal power plant

A Chinese company has been selected to help build the world's first artificial tidal lagoon in the United Kingdom, a move that is expected to bring more Chinese investment into UK's infrastructure projects.

China Harbour Engineering Company Ltd, one of the world's largest specialist marine engineering contractors and investors, has been chosen as preferred bidder by Tidal Lagoon Swansea Bay Plc for a 300 million pounds ($548 million) contract to provide marine works in building the proposed tidal power plant, which is estimated to generate power to 155,000 British families for 120 years.

CHEC will provide a marine work package that will include the construction of the 9.6 kilometer lagoon wall in Swansea Bay. Around half of the contract value is to be spent on British workforce, partners and supply chain, according to the statement released by Tidal Lagoon Swansea Bay on Wednesday.