The first Casino is about to open in Singapore
Posted on January 19, 2010 by John Trevors for Luckyroom.com
The first Casino will be a reality in a few days in Singapore. The brand new Singapore Casino will be part of the huge Resort World Sentosa Complex which will be delivered in the following weeks, featuring 4 hotels and a Universal Studios theme park which are all part of the alternative development plan which the government is supporting to provide an alternative source of income to the country thinking in a similar pattern with the UAE. The development of the project has already opened 35,000 new jobs and this number is expected to rise when the casino and all the other recreational services will be fully operational; statements from the local government has stated that the project is expected to boost the domestic product growth by 1%.
During the last 30 – 40 years, Singapore’s main source of income has been the third party manufacturing industry; but as more and more international companies are seeking for cheaper labor costs in order to develop their products; income is migrating to China and Vietnam. Officials know very well that unless they find new alternative ways to maintain the high level of prosperity they will eventually fade out and the high standards the country is set to operate at currently will soon turn out to be problematic. Even more similar projects are on route as Singapore’s main goal is to turn the country to a high demand Far East travel destination.
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