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London Resort backer takes the reins, pushes back opening date

LRCH London Resort Company Holdings Paramount kuwaiti

Dr Abdulla Al-Humaidi, the financial backer for the London Resort, has taken over the reins and announced another push back to the opening date.

Dr Abdulla Al-Humaidi will now take a “personal role” in the management of London Resort Company Holdings, after investing for five years. It comes after former chief executive Humphrey Percy left the project.

The resort’s opening date has been pushed back to 2024, with a planning application due to be submitted next year. It is the fifth delay that has been announced for the project.

According to Kent Online, Dr Al-Humaidi said: “I am very pleased to be able to announce that I am taking personal control and responsibility for the London Resort project. The team have delivered an excellent foundation, but very much regret that more progress has not been made.

“Since I first invested in the project five years ago, I have been determined to see a high quality, world class resort brought forwards. Significant funds have been committed, and spent, in the pursuit of those goals. This has been an important chapter in my journey with the resort and we are ready to take it to the next stage.”

Turbulent history of London Resort

This project suffered a setback in June when Paramount withdrew from its licensing deal with London Resort Company Holdings Limited (LRCH).

The attraction is planned for a site on the Swanscombe Peninsula between Gravesend and Dartford, alongside the Thames.  The 535 acre (216 hectare) “tourist attraction of a scale and quality unprecedented in the UK” will be just 17 minutes from London by high-speed rail. LRCH’s plans include a world-class theme park, cinemas and nightclubs together with conference and exhibition space. Popular brands, IPs and stories will be brought to life from film and TV with state-of-the-art rides and attractions. The projected opening date is currently 2023. It is expected to create around 27,000 jobs.

Last month, the developers of the London Resort Project announced a partnership with construction engineering company Keltbray with the intention to invest £25 million into the project.

https://www.kentonline.co.uk/kent-business/county-news/backer-takes-reins-as-resort-plans-pushed-back-another-year-193015/

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Michael Mander

Michael Mander

I am a journalist from Essex, England. I enjoy travelling, and love exploring attractions around the world. I graduated from Lancaster University in 2018. Twitter @michael_mander.

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