Sembawang Engineers and Constructors has won a S$400 million contract to build the North Podium of the Marina Bay Sands integrated resort. The podium, which will have four upper levels and four basements, will house the casino, theatres and a retail arcade. Construction work will start this month and expected to be completed by April 2009. The company is also building the new Downtown Line Bayfront MRT...
Integrated Resort
Resorts World at Sentosa has secured S$4 billion in credit facilities for its integrated resort development. The credit facilities would fund two-thirds of the company's projected cost of S$6 billion. The rest of the funds will come through a rights issue by Genting International, the parent of Resorts World. DBS and OCBC are among five local and international banks which will underwrite, bookrun and...