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Old December 9th, 2006, 01:54 PM   #21
haze
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the exterior design very2 look like sunway city.
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Old December 9th, 2006, 04:48 PM   #22
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can't wait to see it..

you gotta love the island, i enjoyed it so much even if i was only there for like 4 hours..
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Old December 11th, 2006, 09:07 AM   #23
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The roller coaster at the Universal Studio Singapore...
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Old December 11th, 2006, 09:09 AM   #24
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OMG!!! is that for real?
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Old December 11th, 2006, 09:13 AM   #25
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Quote:
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OMG!!! is that for real?
Think so since it's one of the rendering of the upcoming Universal Studio Singapore......
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Old December 11th, 2006, 11:39 AM   #26
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OMG!!! is that for real?
It was in the scale model. Plus it was mentioned in the press releases for a ''The Hulk'' rollercoaster.
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Old December 11th, 2006, 01:23 PM   #27
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Resorts World at Sentosa to offer S$200m worth of businesses for SMEs
By Wong Siew Ying, Channel NewsAsia | Posted: 11 December 2006 1713 hrs

SINGAPORE : Resorts World at Sentosa is expected to give Singapore small and medium-sized companies a big lift.

In its first news conference since winning the bid to build Singapore's second integrated resort last Friday, the Genting International-Star Cruises consortium said up to S$200 million (US$120 million) worth of goods and services will be procured from local companies each year.

The $5.2 billion resort is poised to give Singapore's tourism sector a boost.

But that's not all.

Genting-Star Cruises wants to give Singapore companies a roll of the dice as well, by awarding between $100 million and $200 million worth of projects to them every year, in areas such as hotel supplies, security, laundry and landscaping services.

"We have roped in financial institutions to provide financing support to SMEs interested to provide goods and services to the resort. The financing support will help the SMEs to improve their cashflow, enhance their ability to invest in resources and equipment, and allow them to have access to opportunities presented at the resort," says Tan Hee Teck, Chief Financial Officer of Genting International.

The resort aims to attract 15 million visitors during its first year of operation in 2010 and hopes to breakeven in seven years.

The Genting-Star Cruises group is also planning to woo more tourists from the region with special cruise packages.

"If you look at Florida or Disney, as an example, Disney has a very popular package, what they call land and cruise (where you'll have) four days of cruise and four days at Magic Kingdom. We'll be packaging passengers from India where we have home ported ships. And in North Asia, we're primarily targeting the Chinese market," says Lim Kok Thay, chairman of Genting International-Star Cruises.

Genting will also set aside $30 million a year to fund marine biology programmes to promote research and education.

These will include field trips for students, internship programmes and placement of over 20 post-graduate students from Singapore in sponsored research fellowship overseas.

Genting says it hopes to work with Marina Bay Sands to provide complimentary offerings. For example, Resorts World at Sentosa will not focus too much on the convention and exhibition component but geared towards providing incentive packages at its attractions like Universal Studios and the Maritime Xperential Museum.

Over the next three months, Genting will be hiring engineers and contractors to work on the project.

It expects the three-year construction period to create 22,000 jobs and generate nearly $4 billion of value-add to the Singapore economy. - CNA /ls
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Old December 11th, 2006, 01:46 PM   #28
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This Rollercoaster would be a clone of an other one which already exist in Florida, in an other "Universal Studio" theme park called "Island of Adventure".

You will find further information on this link.

http://www.rcdb.com/id557.htm

Congratulation Singapore, it seems to be a great project !
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Old December 11th, 2006, 02:07 PM   #29
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Originally Posted by babystan03 View Post
The roller coaster at the Universal Studio Singapore...
That IS the one at florida!
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Old December 11th, 2006, 10:20 PM   #30
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Unique projects and great pictures, thanks for sharing.
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Old December 12th, 2006, 02:43 AM   #31
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Dec 12, 2006
Genting to keep ticket prices at theme park competitive

By Marcel Lee Pereira

FRESH from winning the Sentosa integrated resort bid, Genting International yesterday took pains to address concerns that its attractions could be too expensive.

Tickets to the resort's Universal Studios theme park will be priced 'much lower' than the ones in the United States, Genting chairman Lim Kok Thay said yesterday.

It is too early to specify rates, but Genting will look at similar attractions around the world and set competitive prices.

Over the weekend, Singaporeans were reported in the media as being concerned that the admission charges at Universal Studios Sentosa could be too high.

At the Universal Studios in Hollywood, prices start from about US$50 (S$77) per adult.

Visitors to Sentosa, who will pay less, will get their money's worth.

There will be plenty of free shows: from the Crane Ballet, a showcase of choreographed 'dancing' construction cranes, to performances with water, light and visual effects at the 1,700-seat Imagineering theatre.

Apart from the rides, visitors can also visit 'edutainment' centres - including the Quest Marine Life Park, an 8ha oceanarium, and the Maritime Xperiential Museum, which will focus on Asia's seafaring history.

Genting will put in $20 million to $30 million a year to fund these attractions, and make the theme park a centre for research and learning in areas such as computer animation, marine biology and genomics.

The programmes include:

DreamWorks Digital Animation Studio: The 1,400sqm facility will give visitors a peek into how advanced computer animation technology is used in movies today.

Quest Medical and Marine Science Centre: It will focus on marine science and ecological education.

Marine biology, veterinary science, engineering and hospitality students will be offered internships and about 20 postgraduate students will be placed in a research fellowship programme with prominent marine biologists. Primary and secondary school students will also be offered lessons and field trips.

Quest Marine Life Park: Apart from housing the medical and marine science centre, it will provide logistics support and funds for a rescue centre and emergency response team for wild dolphins and other marine animals found stranded, sick or injured in the region.

Maritime Xperiental Museum: Leading scientist J. Craig Venter, who helped decode the human genome, will set up the Marine Environmental Genomics Research and Learning Centre here. Young children will get to discover bioscience and genomics hands-on.

Mr Lim is raring to go, and hopes to begin construction on the 49ha Resorts World at Sentosa as soon as possible.

He expects it to open in phases, with all areas welcoming visitors by 2010.

Copyright © 2006 Singapore Press Holdings. All rights reserved
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Old December 12th, 2006, 12:04 PM   #32
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Business Times - 12 Dec 2006

Sentosa IR will be top tourism earner: Genting

It expects resort to account for half of S'pore's $30b tourism revenue target by 2015

By ARTHUR SIM

(SINGAPORE) Resorts World at Sentosa will be Singapore's single biggest tourism earner, raking in $15 billion by 2015, developer Genting International's chairman Lim Kok Thay said yesterday.

Giving his take on why Genting and sister company Star Cruises won the Sentosa integrated resort (IR) project, Mr Lim said Resorts World alone will account for half of the $30 billion tourism revenue target set by the Singapore Tourism Board by 2015.

Even before the first attraction opens, Resorts World will add about $3.9 billion of value to Singapore's economy during the three-year construction phase from 2007 to 2009, he said. Also, more than 22,000 jobs are expected to be created during this phase.

Although Mr Lim would not say when construction will start, he indicated Genting is keen to 'hit the ground running' - which means ground-breaking could happen as early as this month.

Speaking at Genting/Star Cruises's first news conference since they were announced as winners of the Sentosa IR tender on Friday, Mr Lim also said yesterday the partners will rope in financial institutions to provide lending support to local SMEs that want to provide goods and services to Resorts World - and is even prepared to act as guarantor.

'We believe the resort presents an excellent market opportunity for many local SMEs in areas such as sanitation, security, and maintenance,' he said. 'We expect to procure between $100 million to $200 million in goods and services from SMEs each year. This initiative is our way of supporting local SMEs and nurturing entrepreneurship.'

Genting/Star have already approached 'a couple of local banks' as well as US-based GE (General Electric), which owns a majority stake in Resorts World's key attraction - Universal Studios theme parks.

Genting/Star itself will employ some 10,000 people for theme park, resort entertainment and gaming operations. And 75 per cent of these jobs will go to Singaporeans. Mr Lim said recruitment is expected to take place six months before the target opening date in 2010.

Resorts World will give back to the community in other ways too.

Quest Marine Life Park, an attraction focusing on marine science and ecological education, will offer annual funding of between $20 million and $30 million for research and environmental programmes, which include sponsoring research fellowships.

Ticket pricing for attractions has not been confirmed yet.

Mr Lim said tickets for Universal Studios in the US cost about $80, but the partners are looking at cheaper prices here.

The Genting group is also looking at how it will leverage on its existing network to bring tourists to Singapore. Mr Lim said it will create holiday packages for Indian and Chinese tourists that will include land and sea travel, with the possibility of even more economic spin-offs for Singapore. 'If there is enough demand for a new cruise terminal, Star Cruises will take a serious look,' he said.

Copyright © 2005 Singapore Press Holdings Ltd. All rights reserved.
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Old December 16th, 2006, 07:07 AM   #33
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Sands warms to Genting overture

16 Dec 06

It says it is ready to work with Genting to promote IRs in face of strong competition worldwide

(SINGAPORE) Las Vegas Sands says it looks forward to working with Genting International to promote Singapore's upcoming integrated resorts (IRs), after Genting International chairman Lim Kok Thay made the first overture earlier this week. And work together they will have to.

'We look forward to working with Genting International to enhance Singapore's tourism landscape and transform it into a vibrant city filled with buzz, excitement and something for everyone,' Las Vegas Sands Corp president and chief operating officer Bill Weidner told BT.

And that's just as well. Because together, Marina Bay Sands and Resorts World at Sentosa will be up against formidable competition worldwide.

As gaming analyst Jonathan Galaviz notes: 'The convergence of the hotel lodging, casino gaming and entertainment industries in global tourism markets is accelerating at a very fast pace and integrated resorts provide the delivery mechanism to consumers.'

Two of the newest and biggest will be the US$3 billion The Venetian Macao on Macau's Cotai Strip by Las Vegas Sands, and the US$7 billion Project CityCenter by MGM Mirage in Las Vegas.

Project CityCenter will have 4,800 hotel rooms, casino, convention centre facilities, retail/entertainment/F&B and 1,640 luxury condominiums.

The Venetian Macao - considerably closer to Singapore and much more of a rival for regional dollars - is expected to be fully operational by the third quarter of 2007. It will be a very strong contender for gaming, tourism and Mice (meetings, incentive, conventions and exhibitions) business, with an estimated 1.2 million square feet of Mice space, casinos, 6,300 hotel rooms and one million sq ft of retail space.

By comparison, Marina Bay Sands - also owned by Las Vegas Sands - will have 1.2 million sq ft, while Resorts World at Sentosa will have significantly less space for crowds of up to 12,000 people.

Analysts says Singapore's competition is likely to come from Macau, as Singapore will not be able to take a meaningful bite out of the Las Vegas Mice and gaming business. 'The Mice industries in Las Vegas and Singapore are somewhat isolated from each other, mainly due to geographic reasons, and therefore do not impact each other substantively,' says Mr Galaviz.

Macau, on the other hand, is seeking to grow both gaming revenue and Mice business by chasing the same market the Singapore Tourism Board has identified for Singapore - namely, Asia.

How real is the threat to Singapore's plans? This year Macau's gaming revenue will exceed that of Las Vegas.

Billy Ng, a gaming analyst with JPMorgan Asia-Pacific, says gaming revenue from the Vegas strip was US$6 billion last year and is set for growth of about 5 per cent this year, taking it to US$6.3 billion. Macau, on the other hand, saw gaming revenue hit US$5.6 billion last year and will see growth of about 20 per cent this year, Mr Ng estimates. And this means Macau will have revenue of US$6.7 billion for 2006.

Las Vegas Sands chairman Sheldon Adelson is reported to have said recently that he expects gaming revenue from Sands' Macau operations to hit between $11 billion and $15 billion by the end of the decade.

Right now, about 90 per cent of Macau's turnover comes from gaming revenue, but five years from now Mr Ng expects non-gaming takings to climb to about 30 per cent. Already, The Venetian Macao has lined up 26 Mice events for its first year of operation.

If the Mice and leisure industries keep growing at the rate now, the IRs in Macau, Singapore and Las Vegas will all be able to enjoy a sufficient slice of the business. 'I think basically, the demand is strong enough to support all three locations,' Mr Ng says. 'There is certainly some overlapping (when it comes to Singapore's and Macau's target markets) but I think the market is big enough.'

Still, there is a general sense among analysts that Singapore's IRs will draw most of their visitors from South Asian and South-east Asian markets, leaving North Asia - including the huge China market that Singapore covets - to Macau. Asked how much competition the Singapore IRs will pose to the gaming, leisure and Mice businesses in Las Vegas and Macau, Morgan Stanley analyst Rob Hart answers: 'Virtually none. Macau will target Greater China Mice, Singapore Asean, and Vegas the US.'

While Singapore should get some tourists from China, Macau has the advantage of location, analysts reckon. 'It will be critical for the Sentosa IR to focus on attracting the new wealthy middle-class families from India as well, as these are very promising new leisure tourists in Asia,' says Mr Galaviz.

The two IRs here should be unique for at least the first two or three years of operation, but it will be necessary for both to make the reinvestments necessary to stay fresh, compelling, and unique to the greater Asian tourism base, he believes. 'It's important to note that the IRs are just one aspect of a holistic tourism strategy for Singapore over the coming years.'
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Old December 16th, 2006, 07:07 AM   #34
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Old December 16th, 2006, 07:39 AM   #35
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Wow kewl! all of them looks so promising let's see how they "eat" up the pie

But personally, i think those of Singapore (Marina and Sentosa IR) will be able to overcome Macau Venetian as far as the target market concern..
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Old December 16th, 2006, 08:00 AM   #36
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We shall see...
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Old December 17th, 2006, 08:44 AM   #37
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If the words "Resorts World at Sentosa" are not there. one look at it. I would have thought it was some resort in Malaysia. an indirect marketing for Malaysia's tourism?
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Old December 17th, 2006, 08:52 AM   #38
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great project!
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Old December 17th, 2006, 09:09 AM   #39
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If the words "Resorts World at Sentosa" are not there. one look at it. I would have thought it was some resort in Malaysia. an indirect marketing for Malaysia's tourism?
I beg to differ. Thought i'm an avid supporter of 8th wonder, i still find Genting's proposal more resort-like as a whole. The architecture resembles those of Naboo in Star Wars. Come on give them a chance to showcase their ability. As one had mentioned earlier, perhaps they didn't upgrade their flagship resort so as to fund this mega project. The resorts world doesn't seem so o biang though there can be room for improvement. Btw, wad does it got to do wif malaysian's tourism? Does it also mean u won't visit this IR for your entire life. I doubt so. Nevertheless, i hope i can see a caldera in the nearby southern islands.

Last edited by kenexcel4; December 17th, 2006 at 09:28 AM.
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Old December 17th, 2006, 10:18 AM   #40
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Excellent project and my best wish to Singapore. As a HK citizen I have to praise what the Singapore Gov't intents and commits for its sustainable development; The project itself, together with Sands Casino Resorts, the development od Marina Bay Area as well as the continuous enhancement on legal and business environment shall make Singapore becomes strong in terms of the economic development in next decade.

What HK happened is entirely different, we don't have a good leader, what D Tsang done is just going to passively maintain his position or his image in Beijing's eyes. We have excellent chance like two virgin lands of Kai Tak and West Kowloon areas, but nothing happen yet!
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