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Keltbray moves into Kent theme park project
POSTED 09 Nov 2018 . BY Luke Cloherty
The proposed theme park project in Kent, England – formerly called the London Paramount Entertainment Resort, until the Hollywood film studio pulled out – has had a £25m (US$32.5m, €28.7m) cash injection via a deal with construction firm Keltbray.

The financiers behind London Resort Company Holdings (LRCH), the firm behind the project, have set up a joint venture with the construction giant LR Keltbray JV Holdings.

The project has been in the plans for some years now and construction was due to begin in October 2016, but LRCH is yet to submit a planning application for the theme park.

If built, it will sit on the Swanscombe peninsula near Ebbsfleet International Station in Kent and its price tag has risen from the reported £3.5bn (US$4.6bn, €4bn) to £5bn (US$6.5bn, €5.7bn).

Keltbray CEO Brendan Kerr said: "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 7 million sq ft (650,321sq m), 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."

LRCH chair and Conservative MP Steve Norris added: "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."
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NEWS
Keltbray moves into Kent theme park project
POSTED 09 Nov 2018 . BY Luke Cloherty
The proposed theme park project in Kent, England – formerly called the London Paramount Entertainment Resort, until the Hollywood film studio pulled out – has had a £25m (US$32.5m, €28.7m) cash injection via a deal with construction firm Keltbray.

The financiers behind London Resort Company Holdings (LRCH), the firm behind the project, have set up a joint venture with the construction giant LR Keltbray JV Holdings.

The project has been in the plans for some years now and construction was due to begin in October 2016, but LRCH is yet to submit a planning application for the theme park.

If built, it will sit on the Swanscombe peninsula near Ebbsfleet International Station in Kent and its price tag has risen from the reported £3.5bn (US$4.6bn, €4bn) to £5bn (US$6.5bn, €5.7bn).

Keltbray CEO Brendan Kerr said: "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 7 million sq ft (650,321sq m), 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."

LRCH chair and Conservative MP Steve Norris added: "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."
MORE NEWS
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In a move that takes Disneyland Paris somewhat closer to its Florida brother in terms of technological sophistication, the French theme park has launched a new wireless system allowing guests to pay more easily for everything from park tickets to food.
Major new waterpark opens doors in Johannesburg
Africa’s biggest wave machine is one of the major attractions at the newly-opened Happy Island Waterworld in Johannesburg, South Africa.
Greensboro Science Centre expansion pushes forward with new attractions to open this year
Work is progressing on the expansion of the Greensboro Science Centre (GSC) in North Carolina, US, with a number of new additions scheduled to open in 2019 as part of the multi-million dollar project.
UK culture gets £20m investment
Local culture, heritage and creative industries in five parts of the UK are set to benefit from a share of £20m (US$25.77m, €22.65m), with funding awarded by the UK Government’s Department for Digital, Culture, Media and Sport (DCMS).
+ More news   
LATEST JOBS
Centre Director
Live Borders
Salary: Competitive
Job location: Galashiels, UK
Operations Manager
Longleat
Salary: £28,000 to £35,000 per annum
Job location: Longleat, Warminster, UK
Retail Director
Legoland
Salary: Competitive
Job location: Goshen, New York, USA
Operations Manager
Sea Life
Salary: Competitive
Job location: Concord, North Carolina, USA
Facilities Manager
Madame Tussauds
Salary: Competitive
Job location: San Francisco, CA, USA
Guest Experience Manager
Legoland
Salary: Competitive
Job location: Atlanta, Georgia, USA
+ More jobs  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2019

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