Mo-Sys Engineering expressed their disappointment over Greenwich Council's decision to sell the Plumstead Power Station site, which was intended to become a global hub for virtual productions.
Despite having committed over £4 million for the project, Greenwich Council's unexpected pullout, along with the revelation of unavailable funding, has left Mo-Sys disheartened.
The planned project included significant facilities such as an 8-stage studio and educational services, which would have advanced innovations in virtual production.
The council's decision to sell various assets, including the Plumstead Power Station, stems from a need to address a significant financial shortfall in their budget.
#mo-sys-engineering #greenwich-council #plumstead-power-station #virtual-production #local-government-budget
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