Resorts World at Singapore Sentosa awards largest contract of S$1.05b to date

Posted on April 24th, 2008 by Mindy Yong.
Categories: Singapore Real Estate News.

Resorts World at Singapore Sentosa awards largest contract of S$1.05b to date

  
SINGAPORE: Resorts World at Sentosa has awarded its largest building contract to date, worth S$1.05 billion, to a joint venture between major Japanese contractor Kajima Overseas Asia Pte. Ltd. and local player Tiong Seng Contractors (Pte) Ltd.

This brings the total building contracts awarded so far to over S$2 billion. The S$6 billion integrated resort is slated for completion in early 2010.

Kajima-Tiong Seng will construct three of the six hotels in Resorts World and the resort’s thoroughfare, FestiveWalk.

The three hotels - Maxims Residences, Hotel Michael and Festive Hotel - will offer some 1,000 suites and rooms out of the 1,800 to be found throughout the resort.

The contract also includes the construction of a 15,000-square-metre casino located at the basement of Maxims Residences which will feature gaming rooms, suites and lounges.

The joint venture will also build a dual purpose 1,600-seat Le Vie showroom, which doubles as a Plenary Hall, in Festive Hotel. - CNA/vm

Source : Channel NewsAsia  - 24 April 2008

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