Genting is awarded the 2nd liciense for casino Operator in Singapore.
Total Development cost is to be expected by S$ 5.2 billion. The Integrated Resort is required to complete and operating in the year of 2010.
let make a conversion here, to simplify the figure. S$5.2billion is equally to RM 11.44billion and it is divided into 3 years. Therefore, it is a about a huge development of about RM 4 billion per year job.
Can you imagine how big is the RM 4 billion p.a. job.? How boom will be the construction industry in Singapore? ok. let me illustrate in more detail, i believe everyone know about KL convention center. it is built in 3 years time and now crack your head and imagine there is about 8 similar size of development is going to construct in one year and friend, it is continuously for 3 years.
To astonish you, on top of the above mentioned development, the 1st liciense to Las Vegas Sand is also similar huge size of development. i just can't imagine how massive the construction industry in this coming years..
Let see how it goes ..
26 January, 2007
Singapore Casino
Posted by Vince at 11:24 pm
Labels: Development
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2 comments:
It is a nice comparison you gave.
I would suggest you think of the chain reaction also. Who is the Contractor that always follow Genting??? Will Genting invite them to join the project in Singapore???
I wish I could give you information, but being in Bangladesh, I'm so difficult to find. Wish you could share.
i dont see the point to compare RINGGIT MALAYSIA to SINGAPORE DOLLAR.
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