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Marina Bay Sands (MBS) has again urged the government to make available several land sites that will support the integrated resort’s (IR) burgeoning operations, according to The Business Times.
George Tanasijevich, the newly appointed president and chief executive of MBS, said that these land sites are currently not on the reserve list and are thus not positioned to be released for public tenders.
“The ramp-up here in each of our business lines has been very rapid. We want to be ahead of the demand to make sure that we’re not constrained as we continue to progress and build our business,” he said in an interview with The Business Times.
This comes five months after Sheldon Adelson, chairman and CEO of MBS’ parent company Las Vegas Sands (LVS) said that the IR is looking for more land to cater to growing demand for its meetings, incentives, conventions and exhibitions (MICE) events, among other business activities.
Tanasijevich noted that MBS’ strong desire to expand further is a “signal of just how optimistic we are about Singapore and our business prospects.”
“We encourage the government to move forward with parcels that are adjacent to MBS. We think we could further enhance this part of Singapore, consistent with the overall masterplan for the Marina Bay area,” he said.
In its full year of operations, MBS has welcomed approximately 19.6 million visitors, of which a large number are from China, Malaysia and Indonesia. It has also signed deals to host around 1,959 MICE events, since it opened.
“We want to continue to build on our good start. We want to get better in every aspect of our business and deliver stronger results across the board. You have seen some of the economic impact stimulated by the introduction of the IRs, and we want to keep pushing that to higher levels,” said Tanasijevich.
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