Genting Singapore Limited Q3FY2023 Quarterly Business Overview
Press Room > 2023
Press Room > 2023
Genting Singapore Limited has released its Q3FY2023 business overview of the company and its subsidiaries.
The Board of Directors of Genting Singapore Limited is pleased, to announce that it has approved a total investment of around S$6.8 billion. The investment will firmly anchor Resorts World Singapore as the most sought-after tourism destination and, to be funded through internal resources.
At the same time, the company has received the Singapore’s government provisional permission with the construction of its Waterfront development with construction set to commence in 2024.
The Waterfront development comprises approximately 700 hotel keys and experiential lifestyle content in a captivating blend of biophilic architecture that is designed by award winning firm Benoy. Coupled with a striking new waterfront sculpture designed by Heatherwick Studio, it will transform Singapore’s skyline and form a monumental gateway to RWS and the new Greater Southern Waterfront precinct.
While the transformation of the company’s other developments such as the Forum, Minion Land in Universal Studios Singapore and the Singapore Oceanarium, are progressing well and expected to soft open in early 2025.
Artist impression of the resort by Resorts World Singapore.