Paramount confident in gaining planning for £3.5billion theme park
Key figures working on the highly anticipated £3.5billion London Paramount Entertainment Resort in North Kent have insisted the project is on course and that planning is in final stages. Paramount have created successes such as Titanic, Forrest Gump, The Godfather, Footloose, Braveheart and Iron Man.
Tickets to the park are expected to cost £57 (full price day ticket) and will include BBC Worldwide & Aardman Animations; Wallace and Gromit, Shaun the Sheep and Chicken Run themed rides. The park will also include a theatre, cafés and restaurants, shops, hotels and a nightclub. Taking inspiration from Disneyland, there will be daily ‘Paramount and Friends Carnivals’.
London Resort Company Holdings (LRCH), the group behind the theme park have hired senior positions to drive forward plans for what's being dubbed the 'Disneyland' of Kent.
Humphrey Percy, Group CEO of the project's parent company Kuwaiti European Holdings is confident that plans will be approved and affordable, saying: "We have the financial backing to take us all the way through that process."
Chief executive David Testa resigned after Chinese investment firm SinoFortone raised doubts over their £100million pledge, but Humphrey Percy, Group CEO of parent company Kuwaiti European Holdings (KEH), told Kent Live Testa's departure was "coincidental" and he has simply resigned to "go off and do other things".
Mr Percy said: "With any project of this length, people come and go. The stage we are going through now is absolutely focused on the development consent order process. We decided in the KEH Group that we needed a team that can achieve that. We've had to bring in experts like Kevin Doyle and Mike Morrison. Moving myself from the group level into this role is a sign of our commitment and determination to make it all happen."
Building work can start as soon as 2019 with the park scheduled to open in 2022, if gaining planning permission goes smoothly. Plans are already two years later than their original estimate finish date.
Around 50,000 visitors are expected daily, to the 872 acre park will be in Swanscombe Peninsula in north Kent. There will be space for 14,000 cars and ticket packages that will combine travel and entry costs to promote the use of public transport.