Who owns singapore flyer

Future plans for the Singapore Flyer will be shared when Straco Leisure officially takes over. We look forward to working with the staff and tenants to take this icon into a new phase," added Mr Wu. We are therefore pleased that Straco Corp, a Singaporean company with strong track record in managing overseas attractions, has chosen the Singapore Flyer as their first attraction in Singapore to establish a presence back home.

Known for partnership, innovation and excellence, STB champions tourism, making it a key economic driver for Singapore. We aim to differentiate and market Singapore as a must-visit destination offering a concentration of user-centric and enriching experiences through the "YourSingapore" brand.

For more information, please visit www. Straco Corporation Limited Straco Corp is a leading Singapore developer, operator and investor of premier attractions and tourism-related projects.

Listed on the Singapore Exchange in , it was one of the first foreign companies to venture into the Chinese market following the introduction of China's Open Door policy in the s. The Group has since established a significant presence and influence in the tourism industry in China with a portfolio of high quality tourist attractions and related projects in major cities such Shanghai, Xi'an and Xiamen.

These projects include large-scale public aquariums Shanghai Ocean Aquarium and Underwater World Xiamen , cable-car facilities Lintong Lixing Cable Car in Xi'an , the protection and redevelopment of historical sites Chao Yuan Ge in Xi'an and production of cultural entertainment shows Straco Creation. WTS Leisure is a subsidiary of Woodlands Transport Service, which was established in Singapore in and owns and operates one of the largest private transport fleets in Singapore. The company has been managing local tourism related businesses for over 25 years with both inbound tourists and outbound travellers.

Currently, they have a fleet of more than buses running services in and out of Singapore. About the Organisation. Is your organisation a Singapore-registered legal entity?

Mr Wu, who graduated from Nanyang University in with a Bachelor of Commerce degree, is also a philanthropist. Straco's flagship project in China is the Shanghai Ocean Aquarium, one of the city's most popular attractions with more than a million visitors each year.

It showcases over 10, fishes from more than different species around the world. The aquarium, which was opened in by former Prime Minister Lee Kuan Yew, also features a separate exhibition zone displaying rare and endangered species from China's Yangtze River.

In , Straco entered into a joint venture with Mr Carlo Clerico of the Clericos, the music-hall family that has managed the Lido and Moulin Rouge cabarets in Paris for more than 60 years.

The joint venture company, Straco Creation Private Limited, produces and manages avant-garde entertainment shows for a global audience. Its first production, Paris Plumes, brought to life the colourful history of the Parisian cabaret and was shown in major cities in China between December and January The Flyer's three-storey terminal building houses retail shops, restaurants and a flight simulator.

The attraction, however, has suffered from poor visitor numbers. High ticket prices and competition from the nearby Marina Bay Sands were often cited, while tenants within its terminal complained of poor business. Its six-year history has also been marred by breakdowns and stoppages, including an incident on Dec 23, , when a fire broke out in the wheel control room. In that incident, passengers were trapped for about six hours.

A more recent mishap occurred in July , after lightning struck one of its electrical cables that supplied power to the air-conditioning systems. Marvel at spectacular panoramas of the city skyline from the Singapore flyer. The Singapore Flyer against the Singapore skyline in the day. Add to Bookmark - people added this. City sights and unparalleled vistas Located in the heart of downtown Marina Bay , the Singapore Flyer is Asia's largest giant observation wheel.

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