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SportSG takeover: Institutional knowledge key for new entity in charge of Sports Hub
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Sport Singapore said that a new special purpose vehicle would be set up to run the 35-hectare facility.
ST PHOTO: LIM YAOHUI
SINGAPORE - Retaining technical expertise, particularly in terms of facilities operations, will be key for the new entity that will take over ownership and maintenance of the Singapore Sports Hub from December, observers told The Straits Times on Saturday (June 11).
The Government on Friday announced that it had moved to terminate its public-private partnership with SportsHub Pte Ltd (SHPL), the private consortium that has been running the $1.33-billion venue since its opening in 2014 to "unlock the potential" of the Kallang area over the next decade.
