Las Vegas Sands Corp (LVS) has awarded a “multibillion-dollar” contract to Singapore civil engineering group Woh Hup (Pte) Ltd as the main contractor for an expansion of the Marina Bay Sands casino resort there.
The project – often referred as ‘MBS 2.0’ (pictured above in an artist’s rendering) – is slated for completion in 2030.
The award is said to follow a competitive-tender process that “involved a number of leading construction firms across the region,” said Marina Bay Sands’ United States-based parent in its Friday announcement.
Woh Hup – described in the release as one of Singapore’s largest privately-owned construction companies – has undertaken recent major and tourism-focused infrastrucure projects. They include Gardens by the Bay, next door to Marina Bay Sands; and Jewel Changi Airport, which features an indoor garden, waterfall and shopping centre, and is at the city-state’s main air hub.
Patrick Dumont, chairman and chief executive of Las Vegas Sands, was quoted saying in the update: “Woh Hup has played a defining role in shaping Singapore’s development, and we are pleased to work with a local company that has contributed to many of the nation’s iconic landmarks.”
The update also cited remarks from Woh Hup’s chairman, Kim Yong. He stated: “We are privileged to be appointed as the main contractor for Las Vegas Sands’ new ultra luxury development, a project that will stand as a new symbol of Singapore’s ambition and global stature.”
Las Vegas Sands broke ground in July on the US$8-billion expansion project. When completed, it will feature a 570-suite hotel tower, shops, and additional gaming space, as well as spa and other amenities.
The podium of the new project (pictured above in an artist’s rendering) will house approximately 200,000 square feet (18,580 sq. metres) of meeting space, and a 15,000-seat arena, according to corporate information.
Construction of the new phase will be completed by June 2030, and open in January 2031, indicated information from Las Vegas Sands’ fourth-quarter 2025 earnings presentation.
Marina Bay Sands is estimated to have contributed 1.2 percent to Singapore’s gross domestic product (GDP) in 2025, the Friday release also mentioned. It cited a commissioned economic-impact assessment from Enright, Scott & Associates Ltd.
That factored economic value generated from capital investments associated with Marina Bay Sands, and spending of visitors within the property as well visitor spending outside the property and across Singapore, “because of Marina Bay Sands”.
Mr Dumont was quoted as saying: “Our economic contribution reflects the trust Singapore has placed Marina Bay Sands and the many local partners, business and workers who help power our operations every day.”
“It also underscores the scale of Marina Bay Sands’ economic footprint and the breadth of industries that benefit from our presence – from tourism and hospitality to retail, entertainment and the wider supply chain,” he added.
Separate from its MBS 2.0 initiative, Las Vegas Sands said recently it might invest further in its SkyPark Observation Deck, food and drink offer, and lobby at its existing Singapore facilities.
