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Disneyland Paris
Topic: Latest: Paramount Plans Two Billion Pound Theme Park Near London

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1
AutoPost
Wed 10/10/2012 6:04a
This topic is for Discussion of Latest: Paramount Plans Two Billion Pound Theme Park Near London

The Sun writes about a major theme park project announced by film giant Paramount to be built in England to rival Disneyland Paris. The enormous complex will include Europe's largest indoor water park and will be among the four largest theme parks in the world. It is scheduled to open by 2018.

2
dagobert
Wed 10/10/2012 6:59a
Let's wait and see. Paramount also announce a park in Spain? So how many parks does Paramount want to build in Europe?
3
Dr Hans Reinhardt
Wed 10/10/2012 9:15a
You think the weather is bad in Paris... I can't think of a more dreary place to build a theme European theme park than the UK. Iceland maybe?

"So how many parks does Paramount want to build in Europe?"

From the article it appears that it's being built by a consortium of investors (London Resort Company Holdings) and will presumably be Paramount franchised. The article also states that Paramount is currently operating a park in Mercia, Spain.
4
dagobert
Wed 10/10/2012 9:21a
>>>The article also states that Paramount is currently operating a park in Mercia, Spain.<<<

Operating? Not really. If I'm not mistaken, construction didn't even start yet.
5
leemac
Wed 10/10/2012 9:31a
^^ That park is already amusing - they had a groundbreaking ceremony earlier in the spring to lay the first stone but have not done anything since.

Allegedly construction is due to begin before the end of the year.
6
leemac
Wed 10/10/2012 9:35a
I meant to add that the Paramount Espana park is being built by the regional government - how they will raise the billion euros to fund the whole project is still unclear I believe. Not a great country to be developing a major tourism project in at the moment!
7
dagobert
Wed 10/10/2012 9:41a
Europe is facing a terrible economic crisis, especially Spain, and so I really wonder how they can plan or finance such projects.

8
leemac
Wed 10/10/2012 9:46a
^^ I don't know but I'd wager it is from a EU fund like the ERDF. Spain is one of the biggest beneficiaries of regional development money and I'm sure they will have allocated funding to the infrastructure (like the high speed rail) at the very least.
9
dagobert
Wed 10/10/2012 9:57a
If the money really comes from the EU, then it should be used for more important things than themeparks.

At least it's not as bad as Greece. The country is nearly bankrupt and the government wants to buld a Formula 1 race track. No one needs to wonder when the people of ountries like Germany or Austria get angry about financing their problems.
10
leemac
Wed 10/10/2012 10:04a
<<If the money really comes from the EU, then it should be used for more important things than themeparks.>>

Tourism is a valid cause under the terms of the ERDF - it isn't the biggest cause by a long stretch - but it is a commercial operation that has long term growth prospects. Not everything should go towards infrastructure or transport.

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