The London 2012 chief who helped raise £2 billion towards the cost of the Games has been given the job of getting a “British Disneyland” project off the ground.
Chris Townsend, the commercial director at London 2012 organiser Locog, has been appointed to the same role to create a £2 billion theme park in Kent for Paramount Pictures to open by 2018. Mr Townsend this week begins talks with City investors to raise debt and equity funding for the project on an 872-acre site on the Swanscombe peninsula near Ebbsfleet.
He has been appointed by London Resort Company Holdings, a development vehicle which has signed a deal with Hollywood-based Paramount for an exclusive licence in the UK.