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2 May 2010

Singapore PM sees integrated resorts boosting economy

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Singapore's two integrated resorts are a major boost to the country's economy, the Channel News Asia quoted Prime Minister Lee Hsien Loong as saying.

Speaking in Mandarin at the May Day Rally, Mr Lee told his audience of some 1400 unionists, employers, ministers and MPs that he and his grassroots leaders visited Resorts World Sentosa a few days ago.

They visited the Universal Studios, a family attraction and met many families having a good time. Lee said he and his group also paid S$100 each to look around the casino.

The Prime Minister said he is glad that visitors are generally happy with the IRs as such attractions make the economy more vibrant and the city more colourful. He also noted that the conference facilities at Marina Bay Sands opened several days ago and the first major event, a lawyers' conference will be held tomorrow and will be attended by Minister Mentor Lee Kuan Yew.

He added that the IRs have created buzz and both were packed with visitors on their opening days, creating many jobs in the hospitality and tourism sector. According to media reports, nearly 200 busloads of Malaysian tourists a day are visiting the IRs.

Lee added that the Singapore economy has rebounded strongly for several reasons.

He said the country has responded decisively to tackle the challenges.


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