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London 'to benefit from £11bn of investment'

London 'to benefit from £11bn of investment'
2 Nov 2009

To mark the 1,000-day countdown to the London Olympic Games in 2012, the capital's tourism agency has released a report showing that the city's visitor economy will benefit from investment of £11bn over the coming years.

Tourists will see a variety of new attractions and developments, including the Park Plaza hotel at Westminster Bridge, Heron Tower in the City and the London Bridge Tower, also known as The Shard.

London's transport network will also be improved, with the East London line extension due for completion in June 2010.

Smaller projects that will be supported by the investment include the planned reopening of the Cutty Sark in spring 2011 and the launch of a new wing of the Tate Modern.

Sally Chatterjee, interim chief executive of Visit London, said: 'With the 1,000 days countdown underway, we can already see how significantly the capital will change. What is so exciting for visitors is that they really don't need to wait – the transformation is happening now.

'We have an unprecedented opportunity to show the world exactly what London has to offer and these new developments will benefit Londoners and visitors alike for many years to come.'

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