Friday, May 25, 2012
News this week: Suntec International Convention and Exhibition Services is part of the ‘VeNuSW’ consortium bidding to design, build and operate the Sydney International Convention, Exhibition and Entertainment Precinct (SICEEP) at Darling Harbour. Suntec believes their strong Asian network will provide the edge needed to win the bid over their biggest competitor ‘Destination Sydney’ led by AEG Ogden.
Ong Wee Min, Suntec’s chief commercial officer, explained they are marketing-driven and their strength lies in the company’s global client network managed by around 40 sales professionals around the world.
The new facilities will include 40,000 m2 of exhibition space and 6,000 m2 of meeting room space. Convention and banqueting capacity are expected to cater to 10,000 and 2,000 people respectively, along with an entertainment venue capable of hosting at least 8,000.
The ‘VeNuSW’ consortium is led by Plenary Group and Brookfield Multiplex. In addition to Suntec, other members of the consortium include Brookfield Multiplex Services, Life Nation Entertainment and MCI.
Bidding results will be announced at the end of 2012. The expansion project is scheduled for completion by 2015-2016.
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