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Local Name:
Budget:
3.2B
Announced:
08 Oct 2012
Construction Start:
Opening:
2021
Location:
Kent, UK
Area:
353 ha
Developer:
London Resort Company Holdings
Operator:
Contractors:
Ride Suppliers:
Other Suppliers:
  1. HazelJune is offline themeparX Top Investigator
    Join Date
    Jan 2017
    Posts
    237
    Some great news on the project:

    The top bosses behind the highly anticipated £3.5billion London Paramount Entertainment Resort in north Kent have insisted the project is still on course and planning is approaching its final stages.
    they are confident the plans will be approved when what's known as a development consent order (DCO) is submitted to the government in November.Group CEO of the project's parent company Kuwaiti European Holdings, Humphrey Percy told Kent Live he is confident that plans will be approved and affordable, saying: "We have the financial backing to take us all the way through that process."

    Source: http://www.kentlive.news/top-bosses-are-confident-london-paramount-entertainment-resort-will-go-ahead/story-30182591-detail/story.html

  2. CarlySX is offline themeparX Top Investigator
    Join Date
    Dec 2015
    Posts
    1,138
    Information on the project team changes this week

    LRCH and parent company Kuwaiti European Holding Group (KEH) have appointed Humphrey Percy, currently Group CEO KEH, as CEO of London Resort Company Holdings; Mike Morrison as CFO and Kevin Doyle as Development Consent Order (DCO) Coordinator.
    “This announcement reaffirms our determination to submit our application for the Entertainment Resort. After many months of review, revision and reappraisal we have a robust business plan for building a world-class entertainment resort in the UK and are ready to push forward. We are working closely with the local authorities, landowners and local community, as well as our other stakeholders, to deliver a global destination attraction.
    “I am delighted to be directly overseeing the plans for the proposed Entertainment Resort in North Kent and welcome Mike and Kevin in their new roles as CFO and DCO Coordinator, respectively. Having held senior positions at Morgan Stanley and WestLB AG, amongst others, Mike has a wealth of experience in property, business management and accounting that will be incredibly beneficial to LRCH. Kevin has worked on the project from the start, knows the team and the local area extremely well and played a key role in the delivery of some of the largest entertainment projects across the globe.
    Source: https://blooloop.com/articles/new-leadership-team-london-paramount

  3. Firefingers is offline Park Investigator
    Join Date
    Jan 2016
    Posts
    5
    But London Paramount is having a reshuffle so hopefully this will bring new energy to the project. (See the latest news section on their website).


  4. Chinese companies could get preferential access to contracts in exchange for investments.
    Chinese companies may get preferential treatment for contracts to build a £3.2 billion entertainment resort in Kent in exchange for future investment.

    David Testa, chief executive of London Paramount, said Far East investors were delaying putting in cash for the theme park and hotel complex until they could discuss joining the supply chain for the project.

    So far, 900 companies have registered an interest, many of them in Britain.
    Source: http://www.kentonline.co.uk/kent-business/county-news/chinese-companies-paramount-resort-contracts-115049/

  5. CarlySX is offline themeparX Top Investigator
    Join Date
    Dec 2015
    Posts
    1,138
    More bad news for Paramount Park.

    One of London Paramount’s prominent figureheads has walked away from the project, just two months after the developer made a public assurance that the theme park was on track.

    Fenlon Dunphy has played a major role in progressing the plans for the £2bn (US$3bn, €2.8bn) Kent-based theme park and resort, attending many of the public consultations and exhibitions held by developer London Resort Company Holdings (LRCH).

    Progress on the project seemingly slowed when a planning application that was expected last year was delayed, but LRCH insists the scheme is going ahead.

    Dunphy has given no reason for his departure, but local news provider Kent Online reports CEO David Testa is continuing as CEO and the rest of the team will stay the same.

    Dunphy remains UK boss at LRCH’s parent company and Paramount’s largest investor, Kuwaiti European Holdings (KEHC), which he joined in 2013. KEHC is owned by Abdullah Al-Humaidi, who oversees the theme park and resort development alongside Testa and former politician Steven Norris.
    Source: http://www.attractionsmanagement.com/detail.cfm?pagetype=detail&subject=news&codeID=326182&utm_source=dlvr.it&utm_medium=twitter

  6. What about the traffic on the A2 that is grid locked most days before the 15000 new homes in the area?

  7. I wonder whether Brexit will kill the project. What do you think? The drop in the pound might help, though.

  8. Tala is offline themeparX Top Investigator
    Join Date
    Nov 2015
    Posts
    122
    Construction plans have been delayed until 2017 due to consultations that are currently taking place, as mentioned in previous posts.

    Plans to construct a $2bn Paramount theme park in north Kent have been delayed.

    The park’s developer, London Resort Company Holdings has said it has delayed submitting its planning application until 2017 while consultations take place.
    Source:
    http://www.licensing.biz/news/read/uk-paramount-park-plans-delayed/043992


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