Singapore’s ‘Davos’ summit likely held at Marina Bay Sands

Ana Ghoib Syeikh Malaya 1/24/2021 02:42:00 PG

SINGAPORE: The World Economic Forum (WEF) is aiming to attract around 1,000 delegates for its Singapore summit in late May and wants the iconic Marina Bay Sands complex to host the event, two sources familiar with the organisation’s plans said.

The sources, who did not want to be identified as negotiations are ongoing, said the plans for the May 25-28 event were still fluid given the uncertainty of the Covid-19 pandemic raging across the world.

The WEF and Marina Bay Sands declined to comment. Singapore’s trade ministry did not immediately have a comment.

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, organisers said.

If it goes ahead as planned, 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.

WEF is aiming for around 1,000 delegates in Singapore, the sources said, possibly up to 1,800 if conditions allow.

The usual side events – 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, the sources added. - Reuters