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Battersea project to create 20,000 construction jobs

Prime minister David Cameron is to announce a new project today to redevelop Battersea Power Station that will create 20,000 construction jobs.

Homes, offices, shops and a hotel are planned for the site, but the station’s iconic towers will be retained.

Funding for the project of up to £8 billion will be provided by Malaysian developers SP Setia, Sime Darby and the Employers Pension Fund of Malaysia.

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