1. REDEVELOPMENT OF NATIONAL STADIUM INTO A SPORTS HUB AT KALLANG 26 JAN 2005

2. It is part of the Sports Industry Development Strategy to turn Singapore into a Sporting Nation To attract & host World Class Sports & Entertainment Events To promote Singapore as an attractive place for global talent to live & play WHY DEVELOP A SPORTS HUB ?

3. #1: A cluster of up-to-date and multi- functional venues to cater to World Class Sports & Entertainment Events WHAT’S A SPORTS HUB?

4. #2: A Lifestyle Hub - To draw Singaporeans & tourists with a buzz of sports, leisure and entertainment activities on both event and non- event days. #2: A Lifestyle Hub - To draw Singaporeans & tourists with a buzz of sports, leisure and entertainment activities on both event and non- event days. #3: A National Architectural Icon #3: A National Architectural Icon

5. FEASIBILITY STUDY Jun - Dec 2002 Consortium led by PricewaterhouseCoopers Consortium (PWC) Feasibility Study- Site, Transport Network, Projected Revenue on event days, Capital & operating cost etc Key result of the study Sports Hub Project is commercially viable on an operational basis. It is not possible to fully recover the Development Cost

6. CAPITAL COST (S$m)

7. COMPARISON OF CAPITAL COST * Based on 45,000 seats

8. REVENUE Summation of the various potential revenue centres Projected Revenue is estimated to be abt $34 mil per year

9. OPERATING COST The operating cost is estimated to be abt $20 mil per year

10. REVENUES AND OPERATING COSTS IN STEADY STATE (S$mil) * Revenues and costs shown are the average per year. In the actual model, these vary from year to year depending on whether there are major events or cyclical maintenance projected in that year.

11. FACILITIES New Stadium (45,000 - 55,000 seating capacity with adjacent 400m warm up track) Multi-purpose Indoor Arena (6,000 seating capacity) Supporting Commercial Facilities (GFA 34,000 m 2 ) Carpark - 3,275 lots Aquatics Centre cum Water Leisure Park* Existing Singapore Indoor Stadium (Will be included as parts of Sports Hub and be managed by the same Sports Hub operator) (Will be included as parts of Sports Hub and be managed by the same Sports Hub operator) *The Aquatics Centre was not included in the original feasibility study. Capital cost is estimated to be about S$30mil *The Aquatics Centre was not included in the original feasibility study. Capital cost is estimated to be about S$30mil

12. Netball Centre Tennis/ Squash Centre Open Space Cricket Field Leisure Drome Kallang Theatre SITE 35.6 ha Indoor Stadium Oasis Rest New MRT Station New KPE

13. Stadium Carpark Practice Track N National Stadium Kallang - Paya Lebar Expressway NEW TRANSPORT LINKS Circle Line – Boulevard Station

14. Stadium Boulevard Stadium Walk / Crescent Tanjong Rhu Rd ECP Geylang River Nicoll Highway KPE Interchanges near Kallang site

15. Circle Line Phase 1 (CCL1) Total length : 5 km 6 stations Opening in 2009

16. Method of Procurement Public Private Partnership (PPP) in the form of Design, Build, Finance, Transfer, Operate (DBFTO) model Design, Build, Finance, Transfer, Operate (DBFTO) model Ownership of Sports Hub will be transferred to the government as soon as construction is completed and the PPP provider continue to have the exclusive rights to operate the facilities Ownership of Sports Hub will be transferred to the government as soon as construction is completed and the PPP provider continue to have the exclusive rights to operate the facilities

17. PPP Model Government’s Role Own the Sports Hub land and building Lease the land to PPP provider Annual payment (over 20-30 years) to cover: - Development Cost of approx $650mil - Cost of Operations and Maintenance (Availability Payment) Payment) Entitled to x% of event days/year (To be set aside for govt use) (To be set aside for govt use) What is PPP?

18. PPP Provider’s Role D esign, B uild, F inance and O perate the entire Sports Hub to meet the public sector’s requirement Market the Sports Hub and attract major events* Ensure operational viability PPP Model * Market event days not taken by the govt and maximise revenues by attracting events

19. Timeline Phase 1 (Jul 05 - Feb 07) Tender Process - Pre-qualification - Pre-qualification - Request for bid and concept design - Best and Final Offer (BAFO) Phase 2 (Mar 07 - Dec 10) Construction

20. THE END