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Source: www.resortsworldatsentosa.com |
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Resorts World at Sentosa
officially commences development |
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Pre-construction, marketing
and recruitment efforts gaining pace |
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Resorts World at Sentosa was today given the
formal go-ahead to proceed with its world-class and pioneering resort
project, following the signing of the Development Agreement with Sentosa
Development Corporation. |
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Resorts World at Sentosa has paid S$605
million for the land premium and is proceeding with the construction
phase of the development, envisaged to be the No.1 family holiday
destination in the world. |
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Today's signing ceremony was held on
Sentosa Island with guests witnessing the signing of the Agreement
by Mr Tan Hee Teck, Chief Executive Officer of Resorts World at
Sentosa, and Dr Loo Choon Yong, Chairman of Sentosa Development
Corporation. |
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This event is a landmark in the
timeline of the $5.2 billion project, as it marks the handover of
the 49 hectare Sentosa site from the Singapore Government to
Resorts World at Sentosa. Resorts World at Sentosa is slated for
opening in the first quarter of 2010. |
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Mr Tan, who assumed the helm as CEO
yesterday, expressed his appreciation for the strong support of
the various government agencies and authorities in his address. |
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He said: "Today is significant
because, coming less than 90 days after the announcement of our
successful bid, it underscores our commitment to ensure that this
project is delivered on time for the 2010 opening of a world-class
integrated resort here on Sentosa. This project would not have
been possible without the unstinting support of the Ministry of
Trade and Industry, Singapore Tourism Board and Sentosa
Development Corporation.¡± |
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Dr Loo Choon Yong, Chairman of the
Sentosa Development Corporation said, "With the signing of the
Agreement today, Singapore will have an international brand theme
park, plus many other compelling reasons for visitors to not just
visit for the first time, but to return again and again. This will
bring us one major step closer to being a great place to live,
work and play, and to realising Singapore's vision of being a
global city." |
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On construction schedules and
conservation efforts |
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In his address, Mr Tan said work on
the project began almost immediately after the team was informed
that the proposal for Resorts World at Sentosa had been accepted.
He said: ¡°We are well under way in the project planning stage,
with our construction and development teams in place.¡± |
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In anticipation of the increase in
tourist traffic to Sentosa Island, Resorts World at Sentosa is
also committed to significantly enhance the existing
infrastructure of the island by building a new three-lane bridge,
adjacent to the existing Sentosa Gateway Bridge. |
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With an investment of between $60
million to $80 million, this bridge will contribute to ensuring
that traffic into and out of Sentosa remains smooth. |
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Conservation efforts have also been a
priority for Resorts World at Sentosa. Resorts World at Sentosa
has engaged renowned landscape architect Henry Steed to work
closely with the Sentosa landscape team to oversee flora and fauna
conservation. |
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On marketing efforts |
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Mr Tan also shared that, although it
has only been three months since the announcement of the award,
marketing efforts have already taken place with Resorts World at
Sentosa participating in both local and overseas marketing events.
These included collaborative efforts with Singapore Tourism Board
in trade shows like the Asean Tourism Forum in Singapore and the
Asia Pacific Incentives and Meetings Expo in Melbourne, Australia. |
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Resorts World at Sentosa expects to
work very closely with various parties in the tourism industry to
market the attraction. |
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Ahead of the submission of its
proposal, Resorts World at Sentosa was privileged to have received
letters of support from more than 800 travel trade and corporate
companies, including tour operators and travel agencies. |
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These companies pledged their support
and expressed keen interest in working with Resorts World at
Sentosa on many fronts including inbound tours, meetings and
incentives. |
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As part of its marketing efforts, the
Resorts World at Sentosa website will be launched next week,
allowing the world a preview of Resorts World at Sentosa and an
opportunity to keep track of developments. Visitors are welcome to
visit
www.resortsworldatsentosa.com to experience what will become a
reality in three years' time. |
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On human resource management and
job creation |
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On the human resource front, Resorts
World at Sentosa announced that the principal leadership team has
already been recruited. In addition to Mr Tan's appointment as
CEO, Mr Michael Chin has also been appointed as Head of Project
Management. |
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Chairman of Genting International Mr
Lim Kok Thay said of the appointment of Mr Tan, "Hee Teck brings
with him in-depth knowledge and a comprehensive understanding of
both the Genting International Group and the industry. His proven
ability to lead our management teams and his track record in
completing projects from the ground up will put him in good stead
as we move forward in developing this world-class resort." |
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Key hires have been made in the
following areas - project development, human resources, finance,
legal, corporate services and information technology, with the
executives to come on board in March and April. |
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With the continued building up of the
talent pool, Resorts World at Sentosa will see the creation of
more than 150 jobs over the next six months, mostly for project
management, marketing and corporate services. Recruitment alerts
will be posted on the Resorts World at Sentosa website. |
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There will also be a recruitment drive
in the United States to hire top creative talent for the various
movie- and show-themed attractions, which will spur further
developments in the creative industries, and nurture the local
talent pool for this unique skill-set. |
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Resorts World at Sentosa Pte Ltd was
awarded the tender for this S$5.2 billion project on 8 December
2006. |
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Resorts World at Sentosa will welcome
some 10 million tourists, excluding local visitors, by 2015,
generating S$15 billion in tourism receipts, half of Singapore¡¯s
target. Spending per diem on entertainment and sightseeing is
expected to be more than six times higher than current spending
levels. |
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About Resorts World at Sentosa |
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Resorts World at Sentosa will be a
world-class premier integrated resort to take pride of place on a
49 ha site on Singapore's Sentosa Island. Slated for opening in
2010, the Resort will encompass the region's first Universal
Studios theme park, DreamWorks Digital Animation Studios, the
world's largest oceanarium Quest Marine Life Park, the exciting
Equarius Water Park and the region's first fully integrated
wellness spa. |
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The $5.2 billion resort looks to
welcome 15 million visitors in 2010, and its array of
family-friendly attractions will be a place that Singaporeans can
call their own. There will be six world-class hotels providing
more 1,800 rooms, with full meeting and conference amenities. |
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Beyond the gated attractions, the
Resort will offer public entertainment and attractions like the
Crane Ballet, a showcase of multi-media moving art and cleverly
choreographed animatronics crane dances at the waterfront. |
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The 1,700-seat Imagineering Theatre
will feature a magical dreamlike show with water, light and visual
effects. There will also be an unparalleled array of retail and
dining options at the FestiveWalk with roving acts and street
performances at the Bull Ring. |
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Joint Press Release |
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Source: www.resortsworldatsentosa.com
Press Release 1 Mar 2007 |
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FrontPage Edition: Wed 14 March 2007
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