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The £35m scheme to the south east of the city, on the Rover Way foreshore and the banks of the River Rhymney, has been designed to protect properties from extreme weather events, and from rising sea levels for the next 100 years.
Work is expected to start on site later this year and will take around 3 years to complete.
Knights Brown will be responsible for installing 150,000 tonnes of rock barrier along the coast to manage erosion and high tides, sheet piling along the Lamby Way roundabout and rock protection for the Lamby Way Bridge.