Pritam Singh on the government takeover of Singapore Sports Hub: how much did the government charge SHPL for non-performance?
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The government’s partnership with Sports Hub Pte Ltd has been terminated and the government would take over management and ownership from December 9, Sport SG said on June 10.
Opposition Leader Pritam Singh (WP-Aljunied GRC) noted on Monday August 1 that in 2014 the then Minister for Culture, Community and Youth (MCCY) said there was a provision for deductions in the event of non-performance or unavailability for use.
“It was following the Brazil-Japan football match when there were concerns about the quality of the pitch and so on,” Mr Singh said.
“Can I just confirm from 2014 to date how much the government has charged SHPL for non-performance?” He asked.
In response to previous parliamentary questions, MCCY Minister Edwin Tong said the total amount for the termination of the PPP for the Sports Hub is expected to be S$2.3 billion.
He added, however, that this is “comparable to the financial obligation incurred under the PPP if we had chosen to continue it, without termination”.
“Taking the two tranches of costs to be paid for termination – the sum to be paid to SHPL which largely reflects initial capital expenditure and future operating costs – this would be a fair deal for the government to pick up on. assets. ”
In response to the Leader of the Opposition’s follow-up question, Mr Tong said he believed the amount the government was charging SHPL for non-performance was around S$44 million, but that he would verify the exact figure.
Shortly after the takeover announcement, Mr Tong wrote in a widely shared post on social media: “Today marks a new chapter for the Sports Hub.”
“The Sports Hub is an iconic national sporting asset. It is the home of sport in Singapore. It must therefore be more accessible, dynamic and open to a diversity of activities and to a wide range of our society.
We want more Singaporeans to come to the National Stadium, develop an affinity with our stadium and its sporting infrastructure, and take pride in it, which should also be an integral part of our day-to-day sporting experience.
“We need to turn Sports Hub into a sports house for all to enjoy,” Edwin Tong on Singapore Sports Hub takeover
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