Subject to finalisation of contract details, the SSHC will have succeeded in winning the prestigious contract against competition from the Alpine Mayreder consortium and the Singapore Gold consortium.
“The winning consortium displayed significant strengths in programming, team culture and partnership, functionality and layout. It also offered the best value for money solution for Singapore," said Minister for Community Development Youth and Sports, Dr Vivian Balakrishnan.
Dr Balakrishnan added: "SSHC provided a holistic strategy to promote sports participation, leisure, entertainment and lifestyle activities via a focus on community and grassroots sports. Its integrated approach will create foot traffic and promote vibrancy at the Sports Hub.
"Their strategy is supported by a comprehensive sporting calendar that guarantees at least 90 event days at the National Stadium and 46 at the Singapore Indoor Stadium. It consists of a well-balanced mix of local, regional and international sporting events and activities targeted at various different target segments."
The Sports Hub is expected to be ready in end 2011 with the ‘Net Present Value’ of the total costs the government will pay over the 25-year tenure amounting to S$1.87b.
The Sports Hub is believed to be the first and largest sports facilities infrastructure Public Private Partnership (PPP) project in the world and is also Singapore's largest and flagship PPP project of this nature.
