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How Marina Bay served as a model
 to the Principles of Governance
deployed to help Singapore sustain
  its growth in the 21st Century

   Presented by: Lim Fang Yi(27) 3S2
Brief Introduction to Singapore
• Singapore’s Gross Domestic Product(GDP) was
  USD$208.77 Billion (as of 2010)
• Singaporean’s average Purchasing Power
  Parity(PPP) USD$56,964
Brief introduction to MBS
• Owned by Las Vegas Sands
• Total worth of building+prime land = SGD 8 billion
• Officially opened on 23/06/2010
• Integrated Resort with Casino,Shopping,Hotel
• Projected to stimulate addition of SGD$2.7 billion or
  0.8% of GDP by 2015
• employing 10,000 people directly and 20,000 jobs
  being created in other industries.
Brief introduction to MBS
• Casino expected to generate at least SGD$1
  billion in annual profit
• Three towers connected by 1 hectare terrace
  known as SkyPark
• World’s longest elevated swimming pool
• Over 300 outlets and stores,2 Crystal Pavilion
• 2 theatres, art path, expo and convention
  centre and ArtScience Musuem.
Principles of Governance
• Leadership is key
 Leaders must do what is right rather than
  what is popular
• Anticipate change and stay relevant
 Be open to new ideas and question old
  assumptions. Never be trapped in past
Principles of Governance
• Reward for work and work for reward
 We can only earn a living and safeguard our
  future only through our efforts and
  intelligence
• A stake for everyone, opportunities for all
 We aim to create an inclusive society where
  citizens feel a sense of ownership and
  belonging
How principles of governance
deployed to help Singapore help
      sustain its growth
Leadership is key
• leaders foresee the potential in Singapore’s growth in
  tourism. industrial IRs e.g. MBS,RWS built to attract
  tourists, retail outlets and F&B set up restaurants and
  bars
• built Marina Bay as a city of leisure and entertainment,
  not only Business Districts
• Parks are built-energy conserving by cooling area down
  and energy-saving electrical appliances
• Conservation:Building on reclaimed land
• YOG 2010 connects country to the world
• Future developments
• Transit-oriented(MRT station)
• Planned well for conserving energy
Anticipate change and stay relevant
• Some people believe that building of casinos from
  IRs will cause many family and social problems arose
  from gambling
• Against government’s decision to build Casino
• Government continued to allow casinos to be built,
  hearing people’s concerns simultaneously
• Singaporeans pay levy SGD$100 upon entry to casino
  and family members can apply a ban to enter casino
  for their family members
Reward for work and work for reward
• Talents from all over the world are employed at the
  Marina Bay, a Business District
• They are given a chance to serve and work for a
  world-renowned multi-national enterprise like Las
  Vegas Sands.
• People who are recognised for their contributions to
  the company Las Vegas Sands, are given chances for
  promotion to a higher position.
A stake for everyone, opportunities for
                  all
• Many Singaporeans and foreigners work here
• All hold different jobs with different status
  and salary
• Everyone gets the same basic benefits like
  medical, education
• Everyone given a chance to prove themselves
• No priorities given to everyone
• Anyone working in casino have to go through
  proper training, no exceptions.
In conclusion…
 The planning of Marina Bay is directly or indirectly
connected to the 4 principles of governance
 Innovative ideas and benefits being put in place to
ensure efficiency of the bay
 Marina Bay serves many different purposes

                  Marina Bay inspires us to think of
                 new creative ideas and work on them
                  Merged many different ideas which
                 balance one another
                  A place enjoyable for everyone
                 Benefits the whole country including
                 people
~Acknowlegements~
• Marina Bay Sands Website
• Singapore Tourism Board
• Singapore Government
MBLJ_Lim Fang Yi_3s2_27

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MBLJ_Lim Fang Yi_3s2_27

  • 1. How Marina Bay served as a model to the Principles of Governance deployed to help Singapore sustain its growth in the 21st Century Presented by: Lim Fang Yi(27) 3S2
  • 2. Brief Introduction to Singapore • Singapore’s Gross Domestic Product(GDP) was USD$208.77 Billion (as of 2010) • Singaporean’s average Purchasing Power Parity(PPP) USD$56,964
  • 3. Brief introduction to MBS • Owned by Las Vegas Sands • Total worth of building+prime land = SGD 8 billion • Officially opened on 23/06/2010 • Integrated Resort with Casino,Shopping,Hotel • Projected to stimulate addition of SGD$2.7 billion or 0.8% of GDP by 2015 • employing 10,000 people directly and 20,000 jobs being created in other industries.
  • 4. Brief introduction to MBS • Casino expected to generate at least SGD$1 billion in annual profit • Three towers connected by 1 hectare terrace known as SkyPark • World’s longest elevated swimming pool • Over 300 outlets and stores,2 Crystal Pavilion • 2 theatres, art path, expo and convention centre and ArtScience Musuem.
  • 5. Principles of Governance • Leadership is key  Leaders must do what is right rather than what is popular • Anticipate change and stay relevant  Be open to new ideas and question old assumptions. Never be trapped in past
  • 6. Principles of Governance • Reward for work and work for reward  We can only earn a living and safeguard our future only through our efforts and intelligence • A stake for everyone, opportunities for all  We aim to create an inclusive society where citizens feel a sense of ownership and belonging
  • 7. How principles of governance deployed to help Singapore help sustain its growth
  • 8. Leadership is key • leaders foresee the potential in Singapore’s growth in tourism. industrial IRs e.g. MBS,RWS built to attract tourists, retail outlets and F&B set up restaurants and bars • built Marina Bay as a city of leisure and entertainment, not only Business Districts • Parks are built-energy conserving by cooling area down and energy-saving electrical appliances • Conservation:Building on reclaimed land • YOG 2010 connects country to the world • Future developments • Transit-oriented(MRT station) • Planned well for conserving energy
  • 9. Anticipate change and stay relevant • Some people believe that building of casinos from IRs will cause many family and social problems arose from gambling • Against government’s decision to build Casino • Government continued to allow casinos to be built, hearing people’s concerns simultaneously • Singaporeans pay levy SGD$100 upon entry to casino and family members can apply a ban to enter casino for their family members
  • 10. Reward for work and work for reward • Talents from all over the world are employed at the Marina Bay, a Business District • They are given a chance to serve and work for a world-renowned multi-national enterprise like Las Vegas Sands. • People who are recognised for their contributions to the company Las Vegas Sands, are given chances for promotion to a higher position.
  • 11. A stake for everyone, opportunities for all • Many Singaporeans and foreigners work here • All hold different jobs with different status and salary • Everyone gets the same basic benefits like medical, education • Everyone given a chance to prove themselves • No priorities given to everyone • Anyone working in casino have to go through proper training, no exceptions.
  • 12. In conclusion…  The planning of Marina Bay is directly or indirectly connected to the 4 principles of governance  Innovative ideas and benefits being put in place to ensure efficiency of the bay  Marina Bay serves many different purposes  Marina Bay inspires us to think of new creative ideas and work on them  Merged many different ideas which balance one another  A place enjoyable for everyone Benefits the whole country including people
  • 13. ~Acknowlegements~ • Marina Bay Sands Website • Singapore Tourism Board • Singapore Government