Menu
What's new
By:
Filters

Kent, England | The London Resort | Entertainment Complex

It certainly reinstalls some faith, though, don't you think? Or is it just me? Anyone? No? OK, I'll go now...
 
It's nice that you're naively optimistic but they've been releasing statements like this a few times a year for ages now. Logically it doesn't mean we're anywhere nearer this park being real because they've made another vague announcement.
 
I think they have overestimated the yearly attendance.

If this was going to happen, there would be planning by now. Lovely idea but it’s just a huge pipe dream.
 
Probs still means sweet sod all but.....
Investment Boost for London Resort
Plans for the London Resort have received a boost today with the announcement that a new investor is set to inject £25 million into the multi-billion pound project.

Keltbray, an engineering and construction firm whose previous projects include the London 2012 Olympic Park, Crossrail, and Earls Court, have confirmed that they will be contributing the new funds, as well as bringing their construction industry expertise to the project. London Resort Company Holdings, the company behind the London Resort Project set for the Swanscombe Penisula in Kent, hope that Keltbray’s involvement will prove to be the catalyst for further investment from the construction industry.

Speaking to local news outlet, Kent Online, Steve Norris, London Resort Company Holdings Chairman said:

“We are delighted to welcome Keltbray to this most exciting project.

“We have been discussing for some time the best way to harness their specialist construction industry expertise alongside their ability to act as a catalyst for further industry participation and investment.

“Over the next five years, this project will become one of the largest construction projects in the UK and their involvement takes us a significant step closer to delivering a world class resort.”
Click to expand...

Chief executive, Humphrey Percy, added:

“We have, to date invested over £60m and are delighted to welcome our new partners to the project.

“We are very much looking forward to progressing further with the project in the next months and to submitting our planning application in 2019.”
Click to expand...

Chief executive of Keltbray, Brendan Kerr, also commented:
“Keltbray is recognised in the industry as an enabler of projects.

“It has long prided itself on its ability to manage the most challenging of projects thanks to its investment in training, design and plant.

“At seven million square feet, this new theme park won’t be an easy project but that is why the formulation of this joint venture with LRCH is an ideal partnership.

“We’re delighted to be involved in what I’m sure will provide a significant boost to both employment and tourism in the UK.”
Click to expand...
SOURCE
 
That's a tiny investment compared to the overall scale of the project but at least it's movement in the right direction for once
 
Wow a whole £60 million has been put into this. It's not like it costs £250mill to kickstart a Legoland park.

To be a Disney/Universal scale park it needs several billion. Unrealistic dream is still unrealistic.
 
£60million is a start, though; surely the main budget won't be put in until after the planning application has been approved? I seem to remember hearing that this will cost £3.5bn overall or some huge amount like that...
 
Matt N said:
£60million is a start, though; surely the main budget won't be put in until after the planning application has been approved? I seem to remember hearing that this will cost £3.5bn overall or some huge amount like that...
Click to expand...
Only ~0.25% of the total budget has been allocated at this point, Where are they gonna get the other 99.75%?
 
Someone has either been conned, are deep into the sunk cost fallacy, or the reporter has misunderstood whether money is actually being spent. I think it'd be more productive to throw £25 million into a paper shredder than into this project, because then you'd at least get a bag full of perfectly usable confetti out of it.
 
I just had a thought; they could try and obtain government funding! As a park of this scale will surely increase tourism to the UK when it opens!
 
Ben said:
Have you thought about applying to be their new CEO since you clearly know everything they should be doing.
Click to expand...
I would be utterly useless! I never said they should be doing anything; I more meant that that was what I thought made logical sense, if you get what I mean.
 
Matt N said:
I just had a thought; they could try and obtain government funding! As a park of this scale will surely increase tourism to the UK when it opens!
Click to expand...
Imagine the national outrage if they announced that tax payer money was going to fund a glorified amusement park, though. I mean don't get me wrong, I'd rather see it go towards a theme park than the pockets of politicians, but it wouldn't happen.
Not sure the exact situation around Energylandia's funding, I'm assuming it works a little differently or something.
 
You must log in or register to reply here.
Top