Singapore Integrated Resorts will invest $9 billion to build new attractions and MICE facilities

Published on : Monday, April 8, 2019

Singapore integrated resorts (IR) will invest U.S. dollars 9 billion to build world-class attractions. These include a fourth tower to the iconic Marina Bay Sands (MBS) development, three new hotels, a 15,000-seat entertainment arena and extensions to Universal Studios Singapore (USS).

 

 

 

In a joint statement on Wednesday evening (April 3), the authorities, which include the Ministry of Trade and Industry, said that the $9 billion investment is almost two-thirds of the IRs’ initial investment of about $15 billion in 2006.

 

 

On Sentosa, two new areas – Minion Park and Super Nintendo World – will be added to USS. Minion Park will replace the current Madagascar area.

 

 

At MBS, a new 1,000-room luxury hotel tower will be built next to its existing three towers. It will include only suites. A new entertainment arena optimised for concerts is also being planned, with the aim of drawing A-list artistes. MBS will also spend about U.S. dollars 4.5 billion on the expansion, which will span about eight acres of what is currently state land.

 

 

 

New spaces for meetings, incentives, conferences and exhibitions (MICE) will be created at both Resorts World Sentosa (RWS) and MBS.

 

 

MICE facilities is a part of expansion by Singapore integrated resorts.

 

 

 

RWS said that its $4.5 billion development investment will add more than 164,000 sq m, about half of its current gross floor area. This will include a new waterfront lifestyle complex housing two hotels, retail spaces and eateries. There are also plans for an unmanned shuttle to run along the Sentosa Boardwalk, which connects the resort island with VivoCity.

 

 


(No Like Yet)

Related Posts

Tags: , , , , ,

Comments are closed.

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 01 WTM 2020
  • 02 WTM London 2020
  • 06 ITB Asia 2020
  • 06 SATTE-GenX-Virtual-Expo
  • 13 traveldaily20
  • 16 FHC 2020
  • 16 G&A 2020
  • 16 ITB asia 2020
  • 16 TAAPE 2020
  • 17 GWS-2020
  • 23 emitt 21
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. IT&CM ASIA

      September 22 - September 24
    2. KITF

      September 24 - September 26
    3. routes asia

      October 8 - October 10
    4. FOIRE DE TOURS 2020

      October 10 - October 18
    5. Aviation festival americas

      October 15 - October 16
Get our toolbar!
Review www.travelandtourworld.com on alexa.com