Genting International is pumping an additional S$800 million to build the integrated resort at Sentosa.
This will push up the cost of Resorts World at Sentosa to S$6 billion - up 15 percent from the previous S$5.2 billion. Higher costs of construction accounts for about half of the additional budget, but the amount also includes the cost for six new attractions in the resort.
These include two new roller coasters for Universal Studios.
Justin Tan, Managing Director, Genting International, said, "There will be three vacant plots of land in Universal where they can actually add in more attractions as we move along. Obviously we want to get more repeat visitors, so at this point in time, we are planning that every year, something new will come out in our attractions."
S$250 million has been included as contingency, in anticipation of increasing labour costs. - CNA/ms
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