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$3.2 Billion to be spend by Genting, Kerzner in Singapore

$3.2 billion is expected to be spending by Kerzner International Ltd. and Genting Bhd on the Singapore’s second casino-resort. Both the companies has unveiled their attractions and it ranges from theme parks at the beginning to gardens which is full of robotic plants and animals which they say is as a tribute to the Singapore’s government. They even have promised to spend $3.8 billion over the next 30 years to keep the resort look more “fresh” and “clean”.
Asia’s biggest casino-operator by market value, the Genting group has said that the proposed resort may draw 10 million tourists a year by 2015.The Kuala Lumpur –based company said that the Universal Studio theme park, which is the newest development, could generate $15 billion a year in tourists spending.
Genting has even pledged to spend an additional $200 million per year for over 3 decades for maintaining the property. Another hot news is that the Asia’s largest cruise operator, who is one of their partners which is the Unit Star Cruises Ltd also has plans to build up a 8-hectare (20 acre) marine life park.
Singapore has allowed casinos as it is facing more competitions each day from places like Hong Kong and Shanghai for visitors.Singapore has a record of tourists arrivals,it is almost 9.4 million for this  year,they also think that they might improve it more for the years to come.

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