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Full
Text of Speech
Ministerial Statement
by Prime Minister Lee Hsien Loong
18 Apr 2005
PROPOSAL TO DEVELOP
INTEGRATED RESORTS
Introduction
1. Integrated Resorts (IRs) are a significant
proposal to boost our tourism industry. The government has been
studying this idea for over a year. The issue has been debated
intensely, both among the public and within the government,
because the IRs will also include a gaming component, i.e. a
casino. Many Singaporeans have spoken up both for and against.
2. To assess the viability of the proposal, the
Government called a Request-For-Concept (RFC) in December 2004, to
invite interested players to submit concept proposals to develop
IRs on two sites – Marina Bayfront and Sentosa. The RFC attracted
19 bids. After studying the bids, and considering all the views
expressed, the Cabinet has decided to proceed with the project and
to call for firm proposals to develop two IRs, both at Marina
Bayfront and Sentosa.
3. Today, I will explain how the Cabinet reached
this decision, and the key considerations that caused us to change
our longstanding policy not to allow casinos in Singapore. I also
want to acknowledge the concerns of those who oppose or have
expressed reservations about an IR, and explain how we propose to
limit the negative impact of the casinos. Finally, I hope to bring
all Singaporeans together, so that even though we may not all
agree on this issue, we understand and respect each other’s
reasons and concerns, and can close ranks and move ahead.
4. After my statement, the Minister for Trade and
Industry, Mr Lim Hng Kiang, will explain the tourism and economic
aspects of the proposal; the Minister for Community Development,
Youth and Sports, Dr Vivian Balakrishnan, will explain the
safeguards we propose to limit the social impact of casino
gambling; and the Minister for Home Affairs, Mr Wong Kan Seng,
will explain issues of law and order and enforcement. Members will
then have the opportunity to fully express their views and raise
questions on all aspects of the issue.
Re-Examining Our Opposition
5. When the idea of an IR was first mooted, my
sympathies were with those who opposed it. The Government’s policy
for many years had been not to have a casino, and we had
repeatedly turned down proposals to open one.
6. In 1985, when Singapore experienced a severe
recession, the idea to open a casino on Sentosa came up, not for
the first time. Mr Goh Chok Tong, who was then the First Deputy
Prime Minister, turned down the proposal.
7. In 2002, I chaired the Economic Review
Committee (ERC) looking for new strategies to grow our economy. Mr
Wee Ee-chao led the Tourism Working Group. He wrote to me
proposing a “world class gaming facility”. I replied to him
explaining why I was against it. Let me quote from my letter to Mr
Wee:
“There may be economic merits to setting up a
casino in Singapore. But the social impact is not negligible. By
making gaming more accessible and even glamorous, it could
encourage more gambling and increase the risk of gaming addiction.
A casino could also lead to undesirable activities like money
laundering, illegal money lending and organised crime. Although
one can try to mitigate these effects, the long term impact on
social mores and attitudes is more insidious and harder to
prevent.”
Changing Circumstances
8. But the issue did not go away. MTI which is
responsible for the economy was getting worried as the competition
environment changed. Two years later, in 2004, MTI put up a case
for an IR. Three major developments caused us to re-examine our
position:
Tourism Trends
9. First, we are losing ground in tourism. Tourism
in Asia is growing phenomenally, especially the traffic from China
and India. Singapore’s tourist numbers are up too, but we see
warning signs of problems ahead. Our market share is declining
(from 8% in the Asia Pacific region in 1998 to 6% in 2002).
Tourists are spending less time in Singapore. They used to stay an
average of about 4 days in 1991, but now they stay only for 3
days. In contrast, on average, they are staying for about 4 days
in Hong Kong, 5 days in London and almost a week in New York City.
We are losing attractiveness as a tourist destination.
10. Why is that so? The feedback we have been
getting is that Singapore is seen as unexciting. We have not been
investing in tourism infrastructure projects that are crowd
pullers. So there are too few things to do that hold the attention
of the tourists. Writers from Hong Kong and Taiwan laugh at us,
saying that Singapore is 水清无鱼 , i.e. the water is too clear, so
that there are no fish. If we do nothing about it, visitors from
the PRC and India will soon feel the same.
11. This is not just a matter of chasing tourist
numbers. Many jobs are at stake – in the hotel, food and beverage,
retail, taxi, exhibition, and aviation industries. All these
depend on tourism traffic. As a Merrill Lynch report observed:
“The EDB has had successes with its initiatives in
the areas of biomedical sciences, education, logistics and supply
chain management, and financial services. But it is… (the IR
project)…that tips investor mindset toward accepting that
Singapore is transforming itself into a diversified service-based
economy.”
Cities Reinventing Themselves
12. The second major development is that cities
all round the world are reinventing themselves.
13. New York City has been undergoing a renewal.
The current and previous mayor (Bloomberg and Giuliani) have
remade the city by cleaning up the streets, and clamping down on
crime. New York is rebuilding on the World Trade Centre site, a
new and iconic development. They are building a New York Sports
and Convention Centre (NYSCC), to draw in more tourists and
convention traffic. The project costs US$2.2 billion, and the city
and state are contributing US$600 million. New York is also
putting up spectacular activities to draw visitors, a recent one
being an eye-catching art exhibition in Central Park called “The
Gates” – comprising 7,500 big saffron banners meandering through
the park.
14. Paris is also getting a shake-up, even though
it attracts 25 million tourists a year, 3 times as many as
Singapore. The city is redesigning its traffic flow; the mayor
has built a very popular artificial beach along the River Seine;
and started nightlong street parties. During the first party, the
mayor was assaulted and stabbed. But as he was carried away on a
stretcher, he told the crowd to carry on partying.
15. London too is getting a face-lift. New
architecture and attractions are sprouting all over the city,
adding more life and colour to an already vibrant and cosmopolitan
city. London has had private gambling clubs since the 1960s. The
British Government wants to allow Las Vegas style super casinos to
be built. It tried to legislate to allow up to 40 super casinos,
but because of opposition from MPs and the impending elections it
had to compromise and agree to build just one super casino
somewhere in Britain. But it will try again after the general
elections.
16. In Asia, Shanghai is full of drive and energy.
Hong Kong will open its Disneyland very soon, and is planning a
new cultural centre at West Kowloon that is seven times the size
of the Esplanade. Hong Kong is talking about building a casino on
Lantau, to compete with Macao. In Thailand, Prime Minister Thaksin
is likely to move ahead with IRs at Khao Lak in Phang Nga
Province. Malaysia is developing the Kuala Lumpur City Centre (KLCC)
project, a 40 hectare development which includes the current
Petronas Twin Towers. They are also hosting Formula One racing,
and Kuala Lumpur is buzzing with tourists from the Middle East.
17. The question we have to consider is: will
Singapore be part of this new world, or will we be bypassed and
left behind? We seek to be a global city, attracting talent from
around the world, lively, vibrant, and fun to live and work in. We
want Singapore to have the X-factor – that buzz that you get in
London, Paris or New York. The ideas to do so are aplenty, but
realising them is not so easy. As Mr Philip Ng said in a forum
organised by URA recently: “Singapore is just among the
‘wannabes’ of sub-global cities.”
18. We cannot stand still. The whole region is on
the move. If we do not change, where will we be in 20 years’ time?
Losing our appeal to tourists is the lesser problem. But if we
become a backwater, just one of many ordinary cities in Asia,
instead of being a cosmopolitan hub of the region, then many good
jobs will be lost, and all Singaporeans will suffer. We cannot
afford that.
19. We need to do many things to become a global
city. A casino by itself is not essential to this vision. But an
IR is not just a casino. An IR is one significant idea we must
consider, that will help us reinvent Singapore.
Not a Casino, but an IR
20. This leads to my third point, which is that we
are not considering a casino, but an IR – an integrated resort.
21. Some of media coverage of this debate has
focussed on whether or not the government will approve “casinos”.
This has given the wrong impression that the IR project is only
about building casinos here. We think of a gaming room with slot
machines and game tables, perhaps with a hotel and some basic
facilities. We think of Macao as it used to be, with a sleazy
reputation and triad gangs ruling the streets, or Las Vegas in the
movies, with organised crime and money laundering. But that is not
what we are looking for. IRs are quite different. In fact, they
should be called leisure, entertainment and business zones.
22. The IRs will have all kinds of amenities –
hotels, restaurants, shopping, convention space, even theatres,
museums and theme parks. They attract hundreds of thousands of
visitors per year. The great majority will not be there to gamble.
They may be tourists, executives or businessmen, who go to enjoy
the resort, or attend conventions or conferences. But within this
large development and slew of activities, there is one small but
essential part which offers gaming and which helps make the entire
project financially viable. As a result, there is no need for
government grants or subsidies for the IR. The investors will put
in the money, and take the commercial risk.
23. Genting gives us some idea what the IR may
look like. Genting started off as a casino with an attached hotel,
but now it has many other amenities: good hotels, numerous food
outlets, theatres, a huge amusement park, etc. Many Singaporeans
go there for short holidays with the whole family, and not to
gamble. The IRs we have in mind are much more than Genting.
24. On a smaller scale, we can think of NTUC
Downtown East or the SAFRA Clubhouses. These are wholesome family
destinations. People go there to swim, eat, golf and enjoy the
facilities. But somewhere within the premises there is a small
jackpot room that generates the revenue that helps to keep the
place going. NTUC Club generates millions of dollars a year from
the jackpot machines, which helps to pay to build the rides and
other facilities in the Clubhouses. Without this revenue, NTUC
Club would close shop.
Understanding The IR in Practical Terms
25. For these reasons, the Cabinet decided that we
could not dismiss the idea of an IR out of hand, merely because it
contained a gaming element. We had to study it seriously. So Mr
George Yeo, then Minister for Trade & Industry, floated the idea
in the Committee of Supply last year. This started the current
debate.
26. After I took over as Prime Minister, the
Cabinet discussed how to proceed. The public feedback showed
clearly that some Singaporeans had strong views against the
proposal. The Ministers themselves were evenly split. Some
accepted the arguments for the IR. Others thought it sounded too
good to be true. They also shared the qualms of the public about
the social impact. They asked: are the promised spin-offs real or
fluff? Are the economic benefits worth the social and law and
order fallout? What safeguards can we put in to discourage
Singaporeans from gambling? If we discourage Singaporean
gamblers, will investors still find the project viable?
27. I shared these doubts. I did not believe that
based on the arguments presented, we could be confident enough to
proceed, and override the reservations of a significant group of
Singaporeans. But neither did I believe that we should reject an
IR based solely on first principles, just because it contained a
casino, regardless of its economic benefits. To make an informed
decision, we needed to understand what exactly an IR would entail.
What sort of investment would it be? What benefits would it bring?
We needed information to decide.
28. So we decided that as a first step, we would
initiate a Request For Concepts (RFC). This is a process whereby
interested bidders would present concept proposals for the IR. The
concept proposals are not binding offers, and the government is
not obliged to proceed with the project after the RFC. The purpose
is to give the government a clearer idea of what is possible. If
the RFC showed that the idea of IR was not viable, or that
investors were only interested in opening gambling joints, then
the government would say no. But if the RFC proved that the IR is
viable, and that investors are keen to build high quality IRs
here, then we could weigh the clear economic benefits against the
social costs and intangible factors, and make an informed decision
one way or other.
Results of RFC
Outcome
29. The RFC was a success. Many of the bidders
were leading companies in the industry which had built high
quality IRs elsewhere, and had solid track records and
international reputations to protect. They had formed consortia
with world renowned architects and creative firms, and obviously
put a great deal of effort into their proposals. These were major
projects, involving about $5 billion of investment for the
Bayfront and Sentosa sites together. Several bidders said this
would be their flagship project in Asia.
30. Before making a decision, the Ministers viewed
the designs and architectural models, and were briefed on the
proposals. We found this very helpful in understanding what the
IRs were about. I wanted to display the designs and models
publicly, so that Singaporeans could see the high quality of the
proposals and appreciate the impact of the IRs on our city.
Unfortunately the bidders would not agree. They wanted to protect
their intellectual property, and not allow their competitors to
see their plans. So as a next best step, and with the permission
of selected investors, we have made all Members of Parliament
(MPs) sign non-disclosure agreements, including the opposition
MPs, NCMP and NMPs, and shown the designs and models to them, so
that Members know what we are talking about in this debate.
31. I believe most members who have viewed the
proposals will agree with the government’s assessment that the RFC
has attracted some high quality proposals which deserve serious
consideration. Let me describe briefly what the proposals entail.
32. The Bayfront and the Sentosa sites attracted
two very different types of proposals. The Bayfront is suitable
for a large business and convention facility. The target market
are MICE visitors – i.e. people who are coming for Meetings,
Incentive tours, Conventions and Exhibitions. This is a high value
market, because MICE visitors spend much more per person than
other tourists. The Bayfront site (12.2 ha) is larger than Suntec
City (11.7ha). Investors are prepared to put in 2 to 4 billion
dollars to develop the entire area, filling it with hotels,
shopping malls, convention and exhibition space, even museums and
theatres.
33. The scale is large. If we take a typical
proposal: it will have as many hotel rooms as the three 5-star
hotels at Marina Square combined; more retail and F&B space than
Ngee Ann City, i.e. Takashimaya plus all the shops and restaurants
surrounding it; plus ample convention and exhibition space.
34. The Bayfront is a prime site in the New
Downtown. Singaporeans would worry if it became a sleazy
development, right in the heart of the city. We are very mindful
of this. We want to see an iconic development, of excellent
architectural design, one that will enhance the city skyline, and
complement our role as a business and financial hub. We will
subject the Bayfront IR to the same stringent urban design
standards as other projects in the New Downtown. In fact an IR at
the Bayfront will mostly offer the same activities that we would
bring to the area even without an IR, namely hotels, conventions
and exhibitions, shopping, restaurants, entertainment, galleries
and museums. The only difference is the gaming area itself, but
this is only a small part of the whole development – less than 3%
of the total floor area allowed.
35. Without the IR, it might take us 15 years or
more to tender out the land in individual parcels, and to develop
the area on the same scale. But if we build an IR, within 4 years
the Bayfront will be developed. This will complement other major
developments such as the Esplanade, the new Sports Hub in Kallang
and the Marina Barrage, to bring new life and excitement to the
New Downtown and our city.
36. Sentosa is suitable for a family-friendly
resort, attracting families and tourists who are coming for a
holiday. At Sentosa, investors are also prepared to spend 2 to 3
billion dollars to develop the IR. This will transform an area (47
ha) that is equivalent to the size of the Zoo (28 ha) and Bird
Park (20 ha) combined. It will bring to Sentosa a large scale,
high quality anchor attraction which it has so far lacked. There
will be theme parks, resort hotels, restaurants, shopping and many
other attractions, enough to satisfy the critics who say there is
not enough to do in Singapore. Here too gaming will occupy less
than 5% of the total floor area allowed.
Assessment
37. The conclusion from the RFC is that not only
will the IRs be viable in Singapore, but there is a major market
opportunity waiting to be tapped. The Bayfront and Sentosa
developments complement each other. Each will attract a different
type of visitor, and together they enable Singapore to provide a
broader range of offerings for tourists. Significantly, most of
the investors stated that they would not reduce their investments
if we awarded both projects instead of one. Some even preferred
two projects, because this would create critical mass and attract
more visitors. This showed that they were not worried about
competing for a finite local market. They intend to grow the
market, by bringing in new visitors to fill their IRs.
38. The IRs will change our downtown skyline and
transform Sentosa into a truly high-quality resort destination.
They will make Singapore a centre for tourism, business and
conventions, and attract hundreds of thousands more tourists each
year. There will be spin-offs to the rest of the economy, because
not all the visitors to the IRs will stay there. Altogether MTI
estimates that the two IRs will create about 35,000 jobs, counting
jobs within the IRs, plus spinoffs throughout the economy. These
jobs in the hospitality sector will complement the jobs we are
creating in other sectors, such as manufacturing, financial
services or transportation.
39. The positive response from the IR operators is
a tribute to Singapore’s reputation, but it also reflects the
attractiveness of the regional market. By acting now, we seize a
window of opportunity to get ahead of our competitors. If we say
no, the best proposals for the IR, together with the investments
and the jobs, will most likely go somewhere else in the region.
Then we will be forced to play catch up, and be in a much weaker
position. As one Forum Page letter said:
“The issue is not whether we should allow a casino
to operate in Singapore. If that was all, the Government’s
response is obvious. The real issue is whether an economic
investment comprising an overall tourist integrated investment
project running into billions of dollars should be disallowed
because of a gaming component.”
Evaluating The Downsides
40. Thus from the economic point of view, there is
no doubt that the IRs will be a major plus for Singapore.
However, our considerations cannot just be economic. We must also
address the non-economic issues – tangible minuses like an
increase in problem gambling and broken families, and intangible
losses like the impact on Singapore’s brand name and social
values.
Social Implications
41. The first implication of having the IRs is
that people will gamble more, more people will get into trouble,
and more families will suffer. This is the paramount and absolute
issue for many who oppose the IRs - social workers, religious
groups, family based VWOs and committees, and people who have had
personal experience of family members gambling excessively.
42. We must assume that the IRs will increase the
amount of gambling in Singapore. The question is how much. This is
not an all or nothing issue, because even without the IRs, there
is much gambling going on, onshore and offshore, legal and
illegal. Every year, Singaporeans spend $6 billion on legal
gambling in Singapore, and another $1.5 billion in cruises and
offshore casinos. Looking ahead, gambling will become even more
accessible, especially offshore and on the internet.
43. Our estimate is that with two IRs, gambling by
Singaporeans in the IRs is unlikely to exceed $1 billion a year,
or 15% of the current level. This does not take into account the
IRs displacing other forms of gambling, or reclaiming some of the
gambling which now takes place illegally or offshore. So the
actual increase will probably be less.
44. More gambling will mean more problem gamblers.
But again this is not an all or nothing issue. We already have
problem gamblers today. As the MCYS study shows, we are not so
different from other Chinese societies in this respect. The
question is what we can do to mitigate the problem, to identify
and help problem gamblers and especially their families.
45. MCYS has studied the experience of many cities
with casinos. The extent of their problem varies. It depends on
what kind of visitors they are targeting, whether the regulations
are effective, and the scale and spread of the gambling
activities. But there are best practices which we can adopt to
mitigate the problem.
46. We seriously considered banning Singaporeans
altogether from gambling in the IRs, but decided against it. This
is because there is no reason to exclude locals who can afford to
gamble and would otherwise just go elsewhere. Further, some
Singaporeans feel strongly against such discrimination against
locals. The operators also told us that they needed some local
business, although they know that this cannot be their main
market. However, we will put in place comprehensive measures to
minimise the social impact of casino gambling.
47. First, we will restrict the admission of
locals. We studied many alternative ways to do this, and finally
decided to use price, and charge a high entrance fee, $100 per day
or $2,000 a year. $100 is more than the ferry ticket to Batam, and
will deter many casual gamblers. This will apply only to
Singaporeans and Permanent Residents.
48. Second, we will implement a system of
exclusions. Those in financial distress, or receiving social
assistance, will not be allowed entry. Singaporeans can also
exclude themselves or close family members.
49. Third, the casinos will not be allowed to
extend credit to locals, so as to make it harder for them to lose
more than they can afford.
50. Fourth, we will make sure that some social
good comes out of the gambling at the IRs. For other forms of
gambling like horse racing, Toto and 4D, the profits are
channelled to the Totalisator Board, which uses the money for
charitable and worthy causes. For the IRs, we will similarly
channel revenue collected from the entrance fee to the Totalisator
Board for charitable purposes.
51. Fifth, we will set up a national framework to
address problem gambling. This will include a National Council on
Gambling, and also programmes to counsel and treat problem and
pathological gamblers.
52. The Minister for Community Development, Youth
and Sports will elaborate on these measures later.
Brand Name
53. The second risk of allowing IRs is that we may
tarnish the Singapore brand name. Our reputation, built up over
decades, is one of our most precious assets. Internationally,
Singapore is known as being clean, honest, safe, law abiding, a
wholesome place to live and bring up a family. We must not let the
IRs tarnish this brand name.
54. The operators understand this. In fact, the
operators want to come to Singapore because of our reputation for
law and order, clean government and strict enforcement. They want
to operate in a reputable jurisdiction, so as to enhance their own
reputation and satisfy their regulators in their home countries.
They too have an interest in ensuring that Singapore’s brand name
remains intact.
55. We are not aiming to become like Las Vegas or
Macao, where gambling is the main industry. We will not allow
casinos to sport garish neon displays on the façades and have
jackpot machines everywhere from the lobby to the toilets. An IR
will be as decent and wholesome as a SAFRA resort or an NTUC Club.
The gaming area will be separate, so that visitors have to make a
conscious effort to go there, and not be tempted to yield in a
moment of weakness.
56. More importantly, we will deal firmly with the
problems that tend to accompany casinos, such as organised crime,
loan sharks, and money laundering. The Minister for Home Affairs
will elaborate on this later.
57. Other countries and cities with casinos have
maintained their reputations. London, Sydney and Geneva are all
respectable places to live, even though they all have casinos. All
three are financial centres which depend on their reputations for
integrity and rule of law, just like Singapore. We can learn from
them how to stay abreast of the times, be exciting and
cosmopolitan, and still be a safe and well-managed city.
Values
58. Third, we are also concerned that the IRs will
undermine the values of our population, especially amongst the
young.
59. Singapore has succeeded through hard work and
perseverance, and never believing that there was a quick and easy
way to get rich. It is critical that Singaporeans continue to
have the right values, as individuals, as families and as a
society, values that will help us make a living for ourselves,
live upright lives, and endure as a nation.
60. If IRs erode our work ethic, undermine our
values of thrift and hard work, and encourage Singaporeans to
believe that the way to success is to be lucky at the gaming
tables, then we are in trouble.
61. In the past, we could keep Singaporeans
insulated from sin and temptation, up to a point, by not allowing
undesirable activities in Singapore. It made sense to say no to a
casino, because it was not so easy for people to travel to Macao,
and not many could afford to go to Las Vegas or Europe. But today
the situation is different. Singaporeans make more than 4 million
overseas trips by air and sea a year. What is not available in
Singapore is all around us. With or without an IR, we must work
harder to keep our values intact, but we cannot do so by cocooning
ourselves. As Deng Xiaoping said, we have to “open the windows,
breathe in the fresh air, and at the same time fight the flies and
insects.”
62. So far, despite Singapore’s openness, we have
upheld our basic ethos of hard work, excellence, and an emphasis
on families. There are strong countervailing forces against
negative influences. Community and religious groups play an
important role. Their vigorous response to the IRs shows that they
are concerned about values, and will work hard to uphold them.
Even though we have to proceed with the IRs against their
preference, I am sure they will continue to teach their followers
good values, and strengthen our society. For its part the
Government will continue to emphasise moral education in schools
and promote wholesome values in our society, while the media play
a role in setting the right tone in their reporting. We aim to be
a decent and wholesome society, but not a puritanical or
hypocritical one.
Religious Objections
63. Finally, many Singaporeans, though not all,
who oppose the IR do so on religious grounds. The main religious
groups have all made their views known. The churches, the Buddhist
and Hindu groups, as well as MUIS and Muslim groups have all
stated their stands. I have also received letters from many
Singaporeans, especially Christians, expressing their objections
on religious grounds.
64. I fully respect the convictions and teachings
of the different religious groups. I also respect the religious
choices and beliefs of individual Singaporeans. These are personal
choices for individual Singaporeans to make. Each person is free
to follow his conscience, and follow the teachings of his faith.
But in a multi-racial, multi-religious society, the Government
must maintain a secular and pragmatic approach. It cannot enforce
the choices of one group on others, or make these choices the
basis of national policy.
65. To those who object to the IRs on religious
grounds, no economic benefit justifies allowing a casino here. But
the Government has to balance the economic pluses against the
social fallout and the intangible impact on values, and make an
overall judgment whether to proceed. For the Government, the key
consideration is what serves our national interest in the long
term.
66. I am confident that despite this difference in
perspectives, the religious groups will continue to work for the
greater good of Singapore, in the context of our multi-racial,
multi-religious society, with tolerance, compassion and mutual
respect. Religious faith is a powerful force motivating
Singaporeans to help their fellow citizens, not just gambling
addicts, but everyone who is in need of help. I particularly hope
that the religious groups will work together with the government
to help to build strong families, which are the basic units of an
resilient and stable society.
The Decision
67. Building the IRs is a major decision, although
not a life and death matter. The Cabinet discussed the issues and
trade-offs over and over again, both in Cabinet and at our weekly
Pre-Cabinet lunch meetings, before it took a final decision. We
took into account feedback from the public, our discussions with
MPs, and all arguments for and against. Some members of the public
think that we had made up our minds right from the beginning, even
before this whole process of public discussion. They are quite
mistaken. In fact the Cabinet started off mostly against the IRs.
The views of Ministers mirrored the spectrum of views among the
public. Some were for, others against. As we discussed the matter
among ourselves, and understood better what the IRs actually
involved, our views gradually shifted. When we saw the results of
the RFC, we knew that we had to take the bids very seriously, and
that if we said no there would be serious consequences.
68. We finally took the decision at a special
Cabinet meeting convened on 9 April, a Saturday afternoon. Nearly
everyone was present. Everyone expressed his view, for or against.
Those who were away had also made their views known. Even after so
many discussions, ministers were still not unanimous.
69. The first question was whether to have IRs at
all. The answer was yes. Having settled that, the next question
was whether to have one or two IRs. We decided on two IRs, because
the Bayfront and Sentosa projects complement each other, because
having two provides competition and critical mass, and because we
believe that two projects will bring more economic benefits,
without increasing the social cost commensurately.
70. This is a judgment, not a mathematical
calculation. We see the trends, and feel the need to move.
Whichever way we decide, there are risks. If we proceed, the IRs
may not succeed, or the social fallout may be worse than we
expect. If we do not proceed, we are at serious risk of being left
behind by other cities. After weighing the matter carefully, the
Cabinet has collectively concluded that we had no choice but to
proceed with the IRs. As Prime Minister, I carry the ultimate
responsibility for the decision.
Moving Forward Together
71. Despite our explanations, I do not expect
Singaporeans to support the IRs unanimously. Not everyone will be
convinced by the government’s reasons. The split is not between
old and young, the rich and poor, or the PAP and the opposition.
The views are deeply held and personal. As the Ministers hold
different views, so too do MPs, and so too does the public. I have
received many emails and letters from citizens, for and against
the IRs. Some are from my personal friends, who feel strongly
against the IRs and wanted me to know their views.
72. I respect those who oppose the IRs, and their
views. We have decided to proceed, but not because we think those
against the IR are wrong, or their views unimportant. Their
reservations are valid and shared by the ministers, even those who
support the IRs. These reservations are the reason why the
government has said no to casinos for so long. But now we are
confronted by a new situation, and the overriding need to remake
our city and our economy.
73. I will meet community and religious leaders,
to explain why we have to move, what safeguards we propose, and to
ask them to work together with the government to minimise the
social impact.
74. I encourage MPs to speak up in this debate.
Explain your stand, whether for or against IRs, and help
Singaporeans better understand what is at stake.
75. I thank Singaporeans for participating in the
debate. Your views counted. They helped us understand your
concerns and the potential problems better. They demonstrated that
Singaporeans can have a rational and constructive public debate on
controversial and serious issues. But from here, whether you were
for or against, let us put the differences aside and move on. Let
us work together to make the IR a plus for Singapore – by bringing
in more tourists, creating more jobs, and teaching Singaporeans
about the risks and folly of gambling.
76. The IRs are an important step forward, but it
is only one of many things we must do to remake our city, and
build a new Singapore. This is a larger task, and one which
requires the commitment and efforts of all Singaporeans. Let us
continue to work closely together to realise this vision, and make
ours a vibrant and dynamic city in Asia.
Source: Singapore Government Press
Release 18 Apr 2005
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