Tag Archives: IR

$1b boost to Marina Bay

View of the Singapore skyline from the 50th floor of the Marina Sands Hotel Towers. From vision that started some 30 years ago, Marina Bay was planned to be a seamless extension of the existing Central Business District, providing businesses with a premier waterfront address, a 24-hour live-work-play environment and seamless public transport and pedestrian connectivity. — ST PHOTO: DESMOND FOO

TO SUPPORT the future growth of Marina Bay, the government will invest another $1 billion in infrastructure works over the next 10 to 15 years, on top of the $7.5 billion already pumped into the area, National Development Minister Mah Bow Tan announced on Wednesday.

Calling it ‘a sound investment and a vote of confidence’, Mr Mah said the new business and financial district in Marina Bay reflects the government’s commitment towards supporting the needs of international financial institutions. Continue reading