The Association of Small and Medium
Enterprises (ASME) is helping its 5,000 members tap into the
racing venture with the agreement.
The plans include talks and overseas
trips for the local business community to source for
possible partnerships.
ASME president Lawrence Leow said: "With
first-hand information, we can then have first-move
advantage to get more business opportunities for our members
and also the SME community."And the government could give
them a leg up, too.
Member of Parliament Inderjit Singh
said: "I'm sure the government will come forward to support
any such initiatives by way of infrastructure and
incentives. So it's really up to the private sector to
identify the opportunities, share them with the government
and see what can be done to support them."
Some ideas have already been floated.
UP Media executive director Anand
Vathiyar said: "One of the ideas that has been pitched is to
target affluent people from Australia and New Zealand — for
them to fly out to Phuket, get on a yacht and sail down to
Singapore to watch the race from the yacht. They could then
either fly out from Changi Airport or sail back to Phuket."
This could cost $20,000 per head, and
with the Marina Barrage up by year-end, a boat lock will
facilitate such vessels to sail into the bay.
