The London Paramount Entertainment Resort Will Be England's Answer to Disneyland

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Despite major planning setbacks and accommodation concerns, London is about to get its very own theme park, the Daily Mail reports.

The London Paramount Entertainment Resort is England's answer to Disneyland and, as the name suggests, will feature attractions based on Paramount Pictures as well as BBC Worldwide shows. So that's more than likely going to be a Wallace and Gromit ride, a Doctor Who ride, and some kind of 4D Titanic simulator. The park also plans to house an indoor waterpark, live music venues, and 5,000 hotel rooms.

Financed by the Kuwaiti Al-Humaidi family, the park is priced at £2 billion [$2.9 billion] and is set to begin construction in 2018 to clear out a landfill and industrial park in Kent. The company behind the massive project, London Resort Company Holdings, optimistically estimates that the park could potentially bring in 50,000 thrill-seekers per day and 27,000 new jobs to the area.

But the massive project has faced its share of setbacks. In February, embarrassment ensued after London Resort Company Holdings overestimated its cash assets by about £289,000 [$419,000]. Residents of the sleepy town of Sevenoaks, where the park will be built, are also concerned about having enough space to handle the large influx of tourists the park will bring.