Visitors are likely to see attractions based on the studio's most famous film franchises, including “Minions,” “Jaws,” and “Jurassic Park.”
It is planned that during the construction period, about 20 thousand jobs will be created at the facility, and another 8 thousand jobs will be created in the hospitality and creative industries.
In announcing the plans, Sir Keir Starmer sought to instill optimism and highlight the country's strengths amid ongoing market turmoil following Donald Trump's imposition of global trade tariffs.
“This will put Bedford on the map for millions of film lovers – people who come here for entertainment, people who build their careers here,” he said during a visit to the town.
The multi-billion pound investment was agreed between Universal, the government and the local council and is part of Labour's Change Plan, aimed at creating economic growth and jobs across the UK.
The 496-acre complex will also feature entertainment venues, a 500-room hotel, shops and restaurants.
As part of its economic growth plan, the major American film production and distribution company Universal has committed to partnering with local colleges and universities to create job opportunities.
As this property will be the first Universal-branded theme park and resort in Europe, they expect it to generate around £50 billion in economic activity by 2055, with 8.5 million visitors in its first year, making it the UK's biggest tourist attraction.
Source: independent