HOLLYWOOD film giant Paramount has unveiled £2 billion proposals to build one of Europe’s largest theme parks in Swanscombe.

Planning to create 27,000 jobs, the 872-acre development planned is bigger than the Olympic Park.

At the core of the development will be a Paramount-branded entertainment resort, boasting attractions including Europe’s largest indoor water park.

Theatres, live music venues, cinemas, restaurants and hotels are also planned to open in just six years time on the currently derelict brownfield site.

Top-secret talks have been held almost daily between developer London Resort Company Holdings (LRCH) and Dartford and Gravesham Councils during the past year.

Gravesham Council leader Councillor John Burden said: “This scheme is as imaginative as it is vast.

“It has the potential to re-energise the entire north Kent economy, wipe out unemployment at a stroke and resolve the long-standing regeneration issues surrounding this peninsula.

“It’s a landmark announcement which could transform the area at super-heroic speed.”

A new country park, the biggest performing arts centre in Europe and apartments for the site’s employees are also in the pipeline.

The developer says a study suggests the huge attraction will draw in thousands of tourists to the north Kent area annually, adding significantly to the economy.

Dartford MP Gareth Johnson is already backing the plan.

He said: "After the recent announcements of an extra 2,300 jobs from a proposed Bluewater expansion and 6,000 new jobs and homes from the Eastern Quarry housing development, it's an exciting time for the local area.

"The announcement today shows international businesses are now keen to invest in Dartford.

"I support the plan and will be watching the progress of the planning application with interest."

LRCH project leader Tony Sefton added: “Our vision is to create a world class entertainment destination, the first of its kind in the UK.

“We’re at the start of a long journey, but have been encouraged by the support and buy-in we have had to date.

“We are particularly pleased with the appetite we are seeing from investors, who consider this a compelling investment proposition.”

Ebbsfleet International station is at the core of access plans for the site, while the M25, M20 and A20 will provide road access.