Universal Says Proposed UK Theme Park & Resort Will Give $53B Boost To Country’s Economy

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Universal has suggested that a proposed UK theme park and resort will generate close to $53B (£50B) in economic benefits to the host country.

Universal Universal Destinations & Experiences (UDX), the theme park unit of Comcast subsidiary NBCUniversal, announced last December that it had acquired a 476-acre site for a proposed new UK location outside the town of Bedford, some 60 miles northwest of London.

It is currently carrying out feasibility and due diligence studies and is set to make a final decision on the project by the end of this year.

An Economic Impact Analysis (EIA) report, commissioned by UDX as part of this process and released today, has forecast a net economic contribution of $37.4B (£35.1B) billion over the construction period and first 20 years of operation.

Read more on deadline.com
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