Local companies get chance to do business with Paramount Park
PUBLISHED: 12:26 21 January 2015 | UPDATED: 12:26 21 January 2015
Local businesses are being invited to attend supply chain workshops with LRCH
More than 250 representatives of local companies went to Gravesham Borough Council’s latest business breakfast to discuss plans for the London Paramount resort.
The Paramount park - which will be based on the Swanscombe Peninsula - is an 870 acre, £2 billion theme park development which could transform the area’s economy, creating up to 27,000 new jobs. The development is being driven forward by London Resort Company Holdings (LRCH).
The business breakfast saw local companies receive an update from London Resort Company Holdings’ executive director, David Testa, in the main auditorium of The Woodville theatre.
Mr Testa explained that the government was due to make its decision on a planning application early next year with work starting on the peninsula almost the immediately afterwards. The reason the government will make the planning decision, rather than Gravesend Borough Council, is that the development is being considered under the Nationally Significant Infrastructure Projects scheme. That means government are able to decide on its planning application.
The first stage of the resort is due to open at Easter 2020. LRCH has recently signed a deal to have the first option to purchase the land with its owner - cement maker LaFarge.
Gravesend council leader John Burden said local business had a lot to think about as the plans go forward. The impact of the new jobs and its effect on employee retention was one issue for local firms. But he also wanted to promote the supply chain workshops which LRCH will hold for local companies, noting that it was important local businesses took full advantage of the potential benefits.
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