MBS deals the aces to local firms when awarding contracts
Integrated resort says it will continue to ensure that the community and local enterprises benefit most from its presence in S'pore
Singapore
WHEN it comes to winning contracts from Marina Bay Sands (MBS), more often than not it is the local firms that get the nod for doing work for the integrated resort (IR). Ever since MBS first opened its doors in 2010, almost all of the contracts at the $8 billion property have been awarded to Singapore-based companies.
It's all part of an ongoing commitment to benefit local firms, in particular small and medium-sized enterprises (SMEs), said an MBS spokesman in response to queries from The Business Times.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
Digital Core Reit Q1 distributable income slips 2.4% to US$10.6 million
BT subscribers can now share 5 premium articles a month with unlimited number of non-subscribers
First Reit reports 3.2% lower Q1 DPU of S$0.006 amid interest rate, forex headwinds
Vietnam holds first gold auction in 11 years to stabilise market
How Hudson Yards went from ghost town to office success story
Hot stock: Nanofilm jumps 13.1% amid heavy trading on improved Q1 results