Marina Bay Sands announces expansion

The resort disclosed plans on April 5 to commence full-scale construction of the project, including a fourth hotel tower adjacent to the existing triple-tower complex, starting July 2025, with an anticipated completion by July 2029.

Originally slated for completion by 2025 with a budget of around $3.3 billion, pandemic-induced shutdowns disrupted progress.

The hotel expansion, separate from a $1.75 billion reinvestment in the existing property, aims to revitalise hotel facilities, introduce new dining options, and upscale lifestyle amenities.

"With the ongoing support of the Singapore government, this development will further enhance the leisure and business tourism appeal of Singapore," said Patrick Dumont, president and COO of MBS' parent company, Las Vegas Sands. "It optimises the site's programming elements and is designed to drive high-value tourism growth to Singapore."

The new tower, equipped with a sky roof and a 15,000-seat entertainment arena, will boost capacity for meetings, conferences and exhibitions along with unveiling fresh dining and nightlife experiences.

Marina Bay Sands, known for hosting over 1,750 events and attracting more than 470 million visitors since its $5.6 billion inception, leveraged pop star Taylor Swift's concerts to offer themed hotel packages, priced at $7,400 and above.

The expansion is positioned to bolster Singapore's tourism, attracting prominent entertainers and fostering more events, aligning with the country's aim to rejuvenate its tourism sector following the pandemic.

Singapore was the largest foreign investor in Vietnam in the year to March 20 with over 2.55 billion USD, making up 41.3% of the total foreign direct investment (FDI) registered in the country, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).