Singapore’s construction landscape is set for another major undertaking as Woh Hup has been awarded the contract to build Las Vegas Sands’ new $10.2 billion (US$8 billion) resort in Marina Bay. The project, slated for completion in 2030, represents a significant investment in the city-state’s tourism and entertainment sector and underscores the continued confidence in Singapore’s economic stability. This expansion comes as Marina Bay Sands (MBS) itself reported a record $1 billion profit in the fourth quarter of 2025, demonstrating the enduring appeal of integrated resorts in the region.
The new resort, located adjacent to the iconic Marina Bay Sands, will be a sprawling complex featuring a 55-story tower with 570 luxury hotel suites, a state-of-the-art casino, a 15,000-seat entertainment arena and 200,000 square feet of meeting and convention space. The development will also include numerous high-end restaurants, aiming to further elevate Singapore’s reputation as a culinary destination. Construction is already underway, with approximately 5,000 workers reportedly on site around the clock, according to Las Vegas Sands.
The selection of Woh Hup, one of Singapore’s largest privately owned construction and civil engineering companies, signals a commitment to local expertise. Las Vegas Sands stated that Woh Hup was chosen after a “competitive and comprehensive tender process” based on its “strong technical capabilities, proven track record in complex projects, and depth in engineering and design management.” Woh Hup’s portfolio already includes several landmark projects in Singapore, notably Jewel Changi Airport and Gardens by the Bay, demonstrating its ability to handle large-scale, intricate builds. Within the Marina Bay area, the company has previously completed Marina Bay Residences and W Residences Marina View.
Notably, Woh Hup takes over from South Korean company Ssangyong Engineering & Construction, which served as the main contractor for the original Marina Bay Sands property, completed in 2010 at an estimated cost of US$5.6 billion.
Economic Impact and Regional Growth
The new resort is expected to have a substantial economic impact on Singapore. Las Vegas Sands reported that its existing MBS integrated resort generated $2.64 billion in annual business spending in 2025, with 90.8% of procurement directed to Singapore-based enterprises. The resort also employs over 12,000 people, making it one of the Republic’s largest employers. An economic impact assessment commissioned by Las Vegas Sands and conducted by Enright, Scott & Associates estimated that MBS contributed 1.2% to Singapore’s gross domestic product in 2025. Previous analysis, including from Morgan Stanley, suggests that Singapore’s two integrated resorts collectively contribute around 1.5% of the nation’s GDP annually, supporting 22,000 direct jobs and an additional 40,000 in related industries.
Patrick Dumont, chairman and chief executive of Las Vegas Sands, emphasized the company’s dedication to Singapore, stating that Woh Hup’s appointment “further reinforces our commitment to ensuring that Singaporean firms continue to benefit from our long-term presence and future growth in the city-state.”
Design and Integration with the Cityscape
Like its predecessor, the new resort is being designed by US-based firm Safdie Architects, known for its innovative and visually striking designs. The new development will feature a distinctive roof offering 360-degree views of Singapore’s skyline, mirroring the architectural signature of Marina Bay Sands. This design element aims to create a landmark structure that seamlessly integrates with the surrounding urban landscape.
The project also aligns with broader government initiatives to transform Singapore’s southern waterfront. Prime Minister Lawrence Wong highlighted that the new resort is part of a larger, more ambitious plan to develop 30 kilometers of coastline from Gardens by the Bay East to Pasir Panjang over the next 20 to 30 years, creating new residential, commercial, recreational, and entertainment options.
Ongoing Investment in Marina Bay Sands
The announcement of the new resort comes as Marina Bay Sands is already undergoing a significant reinvestment program. A US$1.75 billion (S$2.3 billion) multi-year project, launched in 2022, is focused on refurbishing the rooms and suites across its three hotel towers. This ongoing investment demonstrates Las Vegas Sands’ continued commitment to maintaining the property’s appeal and competitiveness in the global tourism market.
While the exact value of the construction contract awarded to Woh Hup remains undisclosed, the scale of the project and the involvement of a major player like Las Vegas Sands signal a substantial economic boost for Singapore’s construction sector and a continued evolution of its iconic Marina Bay area. The completion of the resort in 2030 is anticipated to further solidify Singapore’s position as a leading destination for tourism, entertainment, and business travel.
Looking ahead, the focus will be on the continued progress of construction, with Las Vegas Sands aiming for a 2030 completion date. Further details regarding the resort’s specific features and amenities are expected to be released as the project progresses. Readers interested in staying updated on the development can follow Las Vegas Sands’ official announcements and Singapore government updates on the Greater Southern Waterfront project.
What are your thoughts on the new Marina Bay Sands expansion? Share your comments below and let us know how you think this development will impact Singapore’s future.
