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What initiatives and projects could the Integrated Resorts adopt that would not just ring in revenue and profits but also create positive spin-offs for local businesses and consumers?
By Joshua Yim, CEO, ACHIEVE Group
It is a given that the opening of the two Integrated Resorts will create jobs and boost economic growth. As a country, Singapore is very good in its methodologies and practical approach to stimulating the economy through its initiatives so much so that many countries look to Singapore to learn from its systems. If Singapore, through its management of the IRs, is able to balance such economic growth whilst preserving the cultural values and social fabric of its community, countries worldwide would be induced into importing Singapore’s model and approach. A consultation authority could be set up in the longer term to export this knowhow to cities that have a desire to build their own Integrated Resorts. This could be a very successful offshoot which could involve governmental agencies and private sector consultation firms
[Source: The Business Times]
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