Opodo Travel News
22 Apr 2008
The Formula One night race that is set to take place in Singapore this year could bring S$100m (£37m) into the economy through tourism, according to reports.
Trade and industry minister Lim Hng Kiang said that between 30% and 40% of visitors to the race are expected to come from overseas, Channel News Asia reports.
The event is also expected to have a beneficial effect on employment, with the service sector among the industries that is expected to recruit new workers specifically for the occasion.
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