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PwC and the London Resort to join hands

New strategic alliance to build smart venue technology for the UK’s next generation entertainment resort

PwC has agreed a strategic partnership with the London Resort. PwC will support in defining the technology masterplan for the resort, focused on delivering a world-class physical and virtual entertainment experience for visitors. PwC will also bring its global experience in smart venue technologies, delivering and investing in state of the art operational solutions to meet the Resort’s ambitious environmental and social goals.

PY Gerbeau, CEO of the London Resort, said: “To be the first theme park across Europe to be built from scratch in nearly 30 years, we need to work with the best and they don’t come much bigger or better than PwC and we are delighted to welcome them as a partner invested in supporting this project.

“Our firm commitment to ESG principles, our strategy to make a serious contribution to the UN Sustainable Development Goals alongside a determination to deliver meaningful change are a clear fit with PwC’s purpose. Our determination to deliver on sustainability, commitment to deliver on Carbon Zero aspirations and improving the fabric of society by operating as good corporate citizens are values we share with PwC.”

Marco Amitrano, Head of Clients and Markets at PwC UK, said: “Obviously this is a significant project for London and the UK, and closely aligned with our own purpose at PwC, generating significant employment, regeneration and economic benefits. Likewise, its vision for next generation entertainment is an exciting proposition - particularly at a time when changes to how we live and work, infrastructure spending, and sustainability initiatives are fuelling remarkable developments in technology. We’re proud to bring our expertise and imagination to help build this cutting edge tech into the fabric of the London Resort experience alongside our global ecosystem of technology partners.”

The Resort has committed to a transformational approach to diversity, inclusion and equality; formal commitments include exceeding the Government’s objective of £1 in every £3 being spent with an SME; to become a Disability Confident Employer and working with schools, colleges and universities to develop pre-employment support schemes.

As part of the London Resort proposals to create one of the most sustainable, global leisure and entertainment destinations in the world, London Resort has committed to invest £150m on remediation, habitat enhancement and providing around 8 miles of footpaths and public rights of way and will deliver a net-gain in biodiversity.

PY Gerbeau, CEO of the London Resort, said: “Sustainability has always been at the core of our vision. Our proposals show how we can deliver millions for the economy and thousands of jobs for the region while protecting and enhancing natural habitats. We will be beacon of what can be achieved when the environment, commerce and entertainment flourish together, hand in hand.” 

ENDS

NOTES TO EDITORS

● Billed as one of the most ambitious theme park projects ever in Europe, the London Resort will be the first European development of its kind to be built from scratch since the opening of Disneyland Paris in 1992. It will eventually be a two-park resort – the first ‘gate’ will open in 2024 and the second within five years (2029) and it is expected that around 70% of attractions will be undercover. www.londonresort.com

● It is also aiming to be one of the most sustainable, global destinations in the world. It plans to be the first operationally carbon neutral theme park, will deliver a net biodiversity gain and will create a green network of amenity areas and parkland to include areas of environmental enhancement and wildlife habitat creation beside the River Thames for local residents and Resort guests.

● It submitted its planning application on the 31st December. Comprising over 25,000 pages of reports, assessments and analysis, the Development Consent Order (DCO) detailed how this largely brownfield former industrial site, will be transformed into one of the most exciting destinations in the world.

● Projected to be one of the largest, single site employers in the UK, the London Resort is expected to make a significant contribution to the UK economy. Independent research, contained within the application, forecasts a number of benefits:

o £50bn of gross economic activity (GVA) generated in the UK over the initial 25-year period;

o Over 6,000 construction jobs created;

o 48,000 direct, indirect and induced jobs created by 2038 including: 8,700 employees by 2024 rising to over 17,000 by 2038, directly employed by the Resort

o Up to £200m in additional tax revenues, directly created by 2038

 

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Chris French

Manager, media relations, PwC United Kingdom

Tel: +44 (0)7483 434951

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