Singex Venues' contract for facility, which sees some 600 events a year, expiring at year end
A public tender was launched on Dec 6. The 20-year contract for the facility has been held by Singex Venues since 1999 but will expire at the end of this year.
The meetings, incentives, conferences and events (Mice) sector here has been seeing an uptick in recent years.
Singapore Expo is owned by the Government and has 108,000 sq m of indoor exhibition space after a 2012 expansion added a new convention wing, Max Atria, to the facility.
Mr Chew Tiong Heng, STB's executive director of infrastructure planning and management, confirmed to The Straits Times that the tender, which closes next month, is intended to appoint an operator for the venue, which hosts around 600 events and an average of six million visitors each year.
The Mice industry in Singapore has been on the rise, with global organisers picking the Republic as a destination for key events such as the Industrial Transformation Asia Pacific this year and the Rotary International Convention in 2024.
STB supported 410 business events in 2016, compared with 350 in 2015 and 270 in 2014. These events generated $611 million, $478 million and $459 million in tourism receipts respectively.
News Source: The Straits Times