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Monthly Property Reports March 2008 Report Sembawang awarded S$400m Sands IR project
Monthly Property Reports March 2008 Report Sembawang awarded S$400m Sands IR project | Sembawang awarded S$400m Sands IR project |
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Marina Bay Sands Pte Ltd has awarded Sembawang Engineers and Constructors (Sembawang E&C) a S$400 million contract to construct and build the integrated resort’s North Podium, comprising the casino, theatres and retail arcade.
Sembawang awarded S$400m Sands IR project
The project is to build the substructure and superstructure of the iconic mega-resort, which will have four upper levels and a four-storey basement. Sembawang E&C, one of Southeast Asia’s largest engineering and construction companies, started work in February on the landmark project, which is expected to be completed by April 2009. Alwyn Bowden (pictured), President and CEO of Sembawang E&C, said: “It’s a privilege for us to be working on such an important and iconic project, Marina Bay Sands, which will play a vital role in elevating Singapore’s status in the world as an economic and leisure power house. The North Podium is a fast-track project which will require our dedicated attention. Sembawang E&C is well placed to handle the project it’s also constructing the new Downtown Line Bayfront MRT station in Marina Bay, which will connect directly to the resort’s MICE centre. Fronting Marina Bay, the S$5 billion Marina Bay Sands integrated resort is being developed by the Las Vegas Sands Corporation, which also owns The Venetian developments in Las Vegas and Macau. Upon opening in late 2009, the Marina Bay Sands will also feature hotel rooms housed in three soaring towers, with a sky park connecting the towers and offering views of the bay and the financial district. There will also be restaurants and an ArtScience Museum. Singapore’s second integrated resort, Resorts World at Sentosa, is set to open in 2010. |
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