Speaking at the ceremony, Mr Wong, who is also Finance Minister, said the Marina Bay area has now become “a symbol of the Singapore story” – representing a thriving financial and business hub, as well as a destination for meetings, conventions, tourism and entertainment.
He added that Tuesday’s groundbreaking event marked a “new chapter” for Marina Bay, and when the expansion is completed, it will introduce new attractions and refresh the Singapore skyline.
Additional convention and exhibition space will also help strengthen Singapore’s position as a leading destination for meetings, incentives, conferences and exhibitions globally.
Mr Wong noted that beyond Marina Bay, the entire Southern waterfront – stretching from Bay East to Pasir Panjang – was undergoing a “broader and more ambitious transformation” with the potential introduction of more commercial, recreational, entertainment and housing options.
“When we decided to have the integrated resorts back in 2005, it was a bold move for Singapore – to reimagine our tourism landscape and to refresh our offerings,” said the prime minister.
“It was also a bold commitment from Las Vegas Sands – a major investment underpinned by confidence in Singapore and in Singapore’s future. We both had to take risks … but we together made it happen. I’m glad this partnership has flourished, and even happier that we are now taking it to the next level.”
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