Marina Sands Bay: a 5.5-billion-dollar investment in Singapore

Singapore: More than one thousand journalists coming from all over the world were present to the opening ceremony of the Marina Sands Bay, the wonderful architectural masterpiece located in Singapore. A gourmet dinner was prepared for 2500 VIPs. Free climbers coming from Asia, the United States and Europe scaled the three 55-story 200-m-high towers.

The opening ceremony of the huge 5-star Marina Bay Sands Hotel and of Sands Sky Park lasted two days and did not pass unnoticed. It was a unique experience and a great opportunity to enjoy a stunning 360° view of the Singapore skyline.

Marina Sands Bay is the largest entertainment complex in Asia. It is the biggest hotel and the largest exhibition and meeting venue in Singapore with its 60 different settings, conference rooms for 45 thousand seats on a 110-thousand-sqm area.

It hosts a Casino, exclusive restaurants and lounges, fine cafés and a shopping mall with 300 first-rate shops. Guests have a choice of 2650 luxurious rooms and 230 luxury suites spread on the three 57-story skyscrapers – on a 120-thousand-sqm area. – Prices range from 285 euros to 13 thousand euros per night. Visitors can buy tickets to have access to the incredible Observation Deck on the 57th floor – the gravity-defying Sky Park – to relax among suspended landscaped tropical gardens and in the 150-m outdoor infinity pool that connects the three towers and can hold 3900 bathers at the same time. Furthermore, there are two theatres and a museum.

The Marina Sands Bay is an important example for real estate companies from all over the world; indeed, Sheldon G. Adelson – CEO of Las Vegas Sands Corp – has affirmed that he is having meetings with some European countries to develop a similar project in the Mediterranean area.

The implementation of the project cost 5.5 billion dollars, but developers should reach the break-even point in five years, thanks above all to the revenues deriving from the Casino. Gamblers from Indonesia and Malaysia flew to Macao to gamble, until now. The project will also be the driver of the development of the tourist sector in Asia.

The takings produced by the marina Sands Bay should allow the growth of the Gross Domestic product of Singapore by 0.8%. The government of Singapore has ruled with an iron hand and this has brought benefits to the population and to tourists.

91% of Singaporeans own the house in which they live. People are fully aware of laws and punishments. The society is truly multi-ethnic and integrated – each condominium has to host at least four different ethnic groups.

Singapore can be the real access gate to Asia, since it is the 4th investors in China with more than 40 billion dollars.

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