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Las Vegas Sands awards multi-billion-dollar contract for new Marina Bay development

Singapore's Woh Hup has been selected to build Las Vegas Sands' $8bn Marina Bay development, with construction already underway ahead of a planned 2031 opening.

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Key Points
Woh Hup selected to build Las Vegas Sands’ $8bn Marina Bay expansion
Project includes casino, hotel tower, arena and convention facilities
Development supports Singapore’s wider waterfront transformation strategy

Las Vegas Sands has appointed Singaporean construction firm Woh Hup as the main contractor for its new $8bn integrated resort development in Marina Bay, Singapore, with the project already under construction.

The development, located adjacent to the existing Marina Bay Sands (MBS) property, will include a 55-storey tower housing 570 luxury hotel suites, a casino, a 15,000-seat entertainment arena, 200,000 sq ft of meeting and convention space and a range of high-end dining options. 

Like MBS, the new complex has been designed by US-based firm Safdie Architects and will feature a distinctive roof structure with panoramic city views. Construction is expected to be completed in 2030, with the resort scheduled to open in early 2031.

Woh Hup was selected following a competitive tender process, with Las Vegas Sands citing its technical capabilities and track record on complex projects. The firm is responsible for a number of Singapore's most recognisable developments, including Jewel Changi Airport and Gardens by the Bay.

The announcement comes off the back of a strong performance by MBS, which reported a record profit exceeding $1bn in the fourth quarter of 2025 and welcomed more than 36 million visitors over the course of the year. 

The property is estimated to have contributed 1.2% to Singapore's GDP in 2025 and generated $2.64bn in annual business spending, with over 90% directed to Singapore-based enterprises.

The new resort, currently referred to as IR2, forms part of a broader transformation of Singapore's southern waterfront, a long-term government-backed initiative spanning some 30km of coastline.

The project adds to a busy period for Las Vegas Sands, which earlier this month disclosed new five-year employment agreements for Chairman and CEO Patrick Dumont and two other senior executives, running through to March 2031.

Good to know

Marina Bay Sands is one of Singapore’s largest employers, with more than 12,000 staff and a significant contribution to tourism and MICE activity

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