Marina Bay Sands serves as a model for Singapore's governance principles of leadership, anticipating change, stakeholder inclusion, and reward for work. The integrated resort boosted tourism and the economy through its casino, retail, and attractions. The government made difficult but forward-thinking decisions to develop the area. Amenities like solar-powered shelters and underground malls maximize land use while creating jobs. International brands at the luxury mall attract tourism and foreign investment in line with remaining globally relevant. Marina Bay Sands' development over decades has supported Singapore's economic growth and standard of living.
2. QUESTION
• Explain how Marina Bay serve
as a model to the Principles
of Governance deployed to
help Singapore sustain its
growth in the 21 st century.
3. MARINA BAY SANDS
• Marina Bay Sands is an integrated
resort fronting Marina Bay. Developed
by Las Vegas Sands, it is billed as the
world’s most expensive standalone
casino at 8billion dollars.
• The grand opening of Marina Bay Sands
was held on 17 February 2011.
5. 4 PRINCIPLES OF
GOVERNANCE
1. Leadership is Key
2. Anticipate Change and Stay Relevant
3. A Stake for Everyone, Opportunities for All
4. Reward for Work, and Work for Reward
6. CASINO
•When the government wanted to built the casino at Marina
Bay Sands, many people were against it.
•However, the government knew that building a casino will
boost Singapore’s economy and be beneficial in the long run.
Thus, the government made the right decision for the country
and continued building the casino.
•The government displayed the first principle of
governance, Leadership is Key.
• Good leaders have to make right decisions for the country
and good leaders do what is right and not what is popular.
7. CLIFFORD PIER
• Built in 1993, Clifford Pier was a landing point for immigrants and
sea passengers.
• Now, Clifford Pier has been developed into a
retail, leisure, entertainment and hotel centre.
• The government anticipated that in the 21st century, Singapore
will have to become more competitive and thus, decided to
develop Clifford Pier into an attraction.
• This change is important for Singapore especially in the 21st
century because it attracts many tourists and foreign investors to
Singapore. This will in turn boost Singapore’s economy.
• The government displayed the second principle of
government, Anticipate Change and Stay Relevant.
• A good leader has to be forward looking and has to be willing to
take risks.
8. BREEZE SHELTERS
•The breeze shelters provide a cool place for people to relax. It
includes a motion sensor that activates the fan only when
someone is standing under it. This helps to maximise the
conservation of energy.
•As natural resources like coal and fuel are very expensive and
limited, the government cannot rely on them. Thus, the
government makes use of solar power to run the fans.
•In this case, it links to the second principle of
governance, Anticipating Change and Stay Relevant.
•Singapore has to open up to new ideas like the natural energy
technology. Thus, the government made use of solar energy to
run these breeze shelters.
9. MARINA BAY LINK
MALL
•Singapore is a small country with limited land space, and we
face land constraints. Thus, the government built the Marina Bay
Link Mall as an underground shopping mall.
•This helps to conserve the limited space in Singapore for other
buildings.
•Building the Marina Bay Link Mall creates more job
opportunities for Singaporeans.
•This displays the third principle of governance, A Stake for
Everyone, Opportunities for All.
•Decisions are made for the needs of the nation. The Marina Bay
Link Mall was built to create more jobs to prevent
unemployment in Singapore.
10. THE SHOPPES @ MARINA BAY
SANDS
•This is one of Singapore’s largest luxury malls with a mix of local
and international brands.
•Some international brands include Hugo Boss, Chanel, Louis
Vuitton, Gucci and Burberry and some local brands include
Robinsons and Singtel.
•The Shoppes was built to attract tourists and to boost
tourism, hence the large number of international brands located
here.
•This links to the principle of governance, Anticipate Change and
Stay Relevant.
•To attract tourists, international brand shops were set up so that
people all over the world will be able to shop here.
•This is crucial in the growth of Singapore’s economy. As
Singapore is a small country, we need to depend on tourism and
11. THE SHOPPES @ MARINA BAY
SANDS
•Also, the building of The Shoppes created many jobs
for Singaporeans.
•This links to the principle of governance, A Stake for
Everyone, Opportunities for All.
•The government built this with the nation's needs in
mind and created more jobs for the people of
Singapore.
12. MARINA BAY’S DEVELOPMENT OVER THE
DECADEs
• Marina Bay Sands’ development over the decades has played
a part in improving Singapore’s economy and standard of
living.
• The leisure, recreation, entertainment attractions built at
Marina Bay Sands has boosted tourism and foreign
investments, which in turn benefitted Singapore’s economy.
• With more revenue to spend on the citizens, the government
can easily improve Singapore’s standard of living.
• Thus, Marina Bay Sands has indeed helped a lot in improving
Singapore’s growth and shaping it to the way it is today.
