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World Economic Forum to be held in Singapore’s Marina Bay

Singapore: This year World Economic Forum (WEF) is aiming to attract about 1,000 delegates for this year summit in Singapore ,to be held in late May in the Marina Bay Sands complex.

 

Marina Bay Sands, owned by late billionaire Sheldon Adelson’s Las Vegas Sands, is the most globally recognisable building on the wealthy city-state’s skyline, regularly featured on postcards and other tourist wares. It has more than 2,500 rooms and suites, a casino, shops and restaurants, as well as convention and exhibition facilities that can host over 45,000 delegates.

 

The scheduled event date to be on May 25-28 event were still fluid given the uncertainty of the COVID-19 pandemic raging across the world.

 

The annual gathering of political and business leaders was moved from its usual home in the Swiss ski resort of Davos, from which it takes its informal name, to Singapore in December due to virus safety fears.

 

The event would be the first in-person global conference since COVID-19 started spreading widely in early 2020. The WEF’s previous summit in Davos in January 2020 was one of the last, and attracted 3,000 delegates and thousands of others for side events.

 

Usually, the event was happening in Davos, which have in previous years seen the population of the Alpine town of Davos swell from 10,000 to about 30,000 – will be significantly curtailed due to the virus, as per the source.

 

Alvin Tan, a senior trade ministry official, said earlier this month there would be measures to manage interactions between WEF attendees and locals, but said specific details were still being worked out.