- 7 updates
Work has officially begun on the redevelopment of Battersea Power Station after 30 years. David Cameron's response at the site this morning was "it's about time".
The project is set to cost £8 billion, invested from Malaysia.
Piers Hopkirk reports.
London mayor Boris Johnson has welcomed investment into the Battersea Power Station, which begun reconstruction today. Mr Johnson said that there is "massive confidence and interest" in London from all around the world.
Malaysian Prime Minister Datuk Seri Najib Razak said that construction at the Battersea Power Station was a "shining example" of what the UK and Malaysia could do together.
Malaysian investors bought the 39-acre site by the Thames it is now set to become a prestigious residential and shopping development. Mr Najib told David Cameron today: "It is a shining example of what we can do when we get together. We are partners for prosperity."
David Cameron said it was "about time" as he hailed the start of an £8 billion redevelopment of Battersea Power Station.
The Prime Minister visited the central London site - which has been lying unused since 1983 - with his Malaysian counterpart Datuk Seri Najib Razak.
Speaking with Mr Najib, the premier said: "This is a great day. It has been a long time to get the Battersea Power Station development going.
"It stopped producing power 30 years ago and it has taken this long to get off the ground. It needed your help".
David Cameron and his Malaysian counterpart Datuk Seri Najib Razak will join Mayor Boris Johnson on a trip to the Battersea Power Station site today.
The visit will mark the official start of work on the old power station which has been derelict since it was decommissioned in 1983.
The Grade II listed landmark will be transformed into upmarket new flat and houses. The project is costing £8bn and is largely funded by Malaysian investors.
They Mayor of London Boris Johnson is set to visit Battersea power station today to mark the official start of works. The iconic London landmark which has lain dormant since 1983 is set to be converted into flats and townhouses.