Gulfnews.com
27 Jun 2008
Dubai: The 360-hectare Marina Bay project, Singapore's future downtown, is attracting growing interest from Middle East investors that are expanding beyond their shores, officials said.
Singapore Minister for National Development Mah Bow Tan said some firms in the Middle East have a stake in at least two developments in the area, which is envisaged to support Singapore's growth as a major business and financial hub in Asia.
"We have already attracted interest from the Middle East. In fact, two of the developments around the Marina Bay have Middle East money involved - not totally, but they're shareholders. There's a lot of interest from them because we have been to real estate shows or exhibitions overseas to promote this and the interest has been strong," Tan told Gulf News.
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