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        	  Singapore has taken a step closer to becoming 
			  the most advanced cruise hub in the region with a groundbreaking 
			  ceremony to launch construction of its International Cruise 
			  Terminal (ICT). 
			  To be completed by the end of 2011, the 
			  International Cruise Terminal ICT will double Singapores berth 
			  capacity and enable more cruise ships to homeport and call on 
			  Singapore and Asia. With the ICTs deep waters, a large turning 
			  basin and lack of height restrictions, the worlds largest ships, 
			  such as the Oasis- class ships being built now, will be able to 
			  call at Singapore and enjoy dedicated cruise terminal facilities. 
			  It will complement the existing Singapore Cruise Centre at the 
			  Southern Waterfront precinct. 
			  Singapores first purpose-built cruise terminal 
			  has been designed to ensure smooth and seamless accessibility for 
			  both passengers and cruise ships, to achieve quick passenger 
			  turnaround of 30 minutes from the point of disembarkation to the 
			  point of departure from the terminal. Its state-of-the-art 
			  functional capabilities and distinctive nautical-themed 
			  architecture harmonises with the terminals functions and settings 
			  to enhance the sense of arrival for cruise passengers, and will 
			  add to the architectural gems of the Singapore skyline in the 
			  Marina Bay area. 
						The new terminal is expected to meet the 
			  projected growth of the Asia Pacific cruise industry, which 
			  constitutes about 7% of the worlds cruise market today. 
			  The region continues to be a vital source of cruise passengers as 
			  well as an exotic and desirable destination for avid cruise 
			  passengers from the Western markets. 
						Asia, with its year-round 
			  tropical climate, varied landscapes, warm hospitality and 
			  multi-cultural appeal, fueled by the growth of low cost carriers 
			  and the traffic that they generate, is fast becoming the new 
			  cruise playground. The worlds top cruise players are increasing 
			  their presence in Asia and offering more cruises with Asian 
			  itineraries. 
						Ms Aw Kah 
			  Peng, Chief Executive of the Singapore Tourism Board, highlighted 
			  the growth potential of Singapores cruise industry, Singapores 
			  cruise passenger throughput has grown steadily, registering a 
			  healthy average annual growth rate of 12% between 2003 and 2008. 
			  The industry has remained resilient amid the economic downturn, 
			  evident in the 20% growth in arrivals in the first half of this 
			  year against the same period last year. The STB targets to attract 
			  1.6 million cruise passengers by 2015. 
						According to the 
			  Singapore Cruise Centre, more than 1,000 ships called last year, 
			  contributing to a passenger throughput of over 920,000. The 
			  majority of these passengers were from Indonesia, India, Malaysia, 
			  Australia, New Zealand and Europe - demonstrating Singapores 
			  international appeal as a cruise destination. The first half of 
			  2009 saw 540,000 cruise arrivals and it is projected that 
			  Singapore will welcome its one-millionth cruise passenger by year 
			  end. 
						The ICT was 
			  designed by internationally-renowned architects, Bermello, Ajamil 
			  & Partners, Inc. (BA) and RSP Architects Planners & Engineers (Pte) 
			  Ltd. JTC Corporation, the leading agency in industrial 
			  development, was appointed as the Development Agent of the ICT.
  
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