Singapore spurs neighbors into lavish tourist resort development
Sunday 05 June 2011
A little envy looks to be going a very long way for both Indonesia and Malyasia.
Spurred on by the rapid tourism resort development that has been such a feature of neighboring Singapore over the past decade - and by the incredible success that has met that development - the two countries are now planning to tap into the luxury tourism market themselves.
First up sees the development what has recently been renamed Pesona Lagoi Bintan - which means Wonders of Lagoi Bintan in Bahasa Indonesian. Situated just off Singapore, workers set to the area in March and are currently turning the forest and foreshore into a "water resort city" called Bintan Treasure Bay. The project is expected to cost more than US$400 million (227 million euro) and will feature a circular shaped resort called The Ring - a 149-room resort hotel that will sit 30 meters above a 32 hectare lagoon.
Then there is the Iskandar Malaysia project - a new metropolis situated at the southern end of the Malay peninsular and also just a short ways from Singapore.
As well as pumping an estimated US$100 billion (€70 billion) into the area in the hope of turning it into a special economic zone - much like the Shenzhen area that hugs the border between Hong Kong and China - the are three theme parks planned.
Only Legoland Malaysia has so far been announced - but it's pretty impressive nonetheless. Operators are claiming there will be 40 interactive shows, rides and other attractions - and that this park alone will attract more than one million visitors annually.
The motivation behind all the grand plans is simple economics. Singapore opened its two lavish casino-resorts in 2010 - Resorts World Sentosa ( http://www.rwsentosa.com) and Marina Bay Sands ( http://www.marinabaysands.com) and saw a record 11.6 million tourists come to town. Not only that, the two resorts generated an estimated US$5 billion (€3.5 billion) in gaming revenue - the main reason the rumors are flying about just how many of the region's new resorts will be turning to casinos to fill their coffers.
Bintan Treasure Bay: http://www.treasurebaybintan.com
Iskandar Malaysia: http://www.iskandarmalaysia.com.my
The Independent travel offers: Discover a world of inspiring destinations
- 1 Frank Lampard's face drops when Holly Willoughby introduces him as a 'Man City legend'
- 2 Sofyen Belamouadden murder: The inside story of a crime that horrified Britain
- 3 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 4 The Visit: Trailer for M Night Shyamalan's latest horror film is terrifying
- 5 9/11: Iranian General accuses US of organising September 11 terror attacks
A380 celebrates first decade in flight - but how long will the Superjumbo's time in the sky last?
12 best hotels in London
Inside Travel: Greece 2015 Q&A - should we cancel our Greek holiday? Are our flights safe? And what will we be spending there?
The Atlas of Beauty: Photographer travels around the world to capture cultural diversity through stunning portraits of women
The 10 Best lightweight luggage
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Aaron and Melissa Klein: Oregon anti-gay bakers ordered to pay $135,000 after refusing to make cake for same-sex wedding
Andrew Lloyd Webber: Phantom of the Opera writer mocked after issuing a warning about Ed Miliband and Nicola Sturgeon
General election 2015: Labour will toughen hate crimes legislation surrounding Islamophobia
HSBC review into moving headquarters from UK 'underway'
£15310 per annum: Recruitment Genius: An exciting opportunity has arisen for a...
£24000 - £25000 per annum: Recruitment Genius: Situated in the heart of Bradfo...
£18750 per annum: Recruitment Genius: This Hotel in Chadderton is a popular ch...
£Competitive (DOE) + Benefits: Guru Careers: We are seeking a Marketing and Co...