The mayor has partnered with Film London, the London Local Enterprise Panel and the London borough of Barking and Dagenham to commission a feasibility study into creating what would be the capital’s first new purpose-built production studios development for at least 25 years.

UK’s film industry has brought in £1bn to the city with the capital being the third busiest city for film production after Los Angeles and New York.

Nearly 75% of the domestic industry is based in London.

The potential new site for the development at Dagenham East is located in front of London-east industrial park.

The new studios will allow London to bid successfully for more overseas film productions as well as creating new jobs in the East End.

“From James Bond and Star Wars to Harry Potter and Bridget Jones’s Baby, London has a vibrant production history and some of the best studios in the world,” said Mr Khan.

“To sustain and grow this success story, it is critical that the capital gets significantly more studio and production capacity to maximise the opportunities for filmmaking.

“London is open to the best creative and cultural minds and I am looking forward to exploring whether a new film studio in Dagenham could help the capital’s film industry thrive for years to come.”

Barking and Dagenham Council along with the London Local Enterprise Partnership will be investing up to £80,000 to develop a business case for the proposed new studios.

“We are working together to create a blockbuster deal to generate hundreds of exciting opportunities for local, young people and bolster Barking and Dagenham’s reputation as London’s latest creative hotspot,” said councillor Darren Rodwell, leader of Barking and Dagenham Council.

“Our ambition is that in future, Dagenham will become world famous for films rather than Fords.”