About 300 guests gathered at The Lawn@Marina Bay to witness the highly anticipated Grand Opening of Marina Bay Financial Centre (MBFC) on 15 May 2013. The guest-of-honour at this momentous occasion was Prime Minister of Singapore, Mr Lee Hsien Loong. PM Lee was joined by representatives from the joint venture and owners of MBFC – Cheung Kong (Holdings), Hongkong Land, Keppel Land, Keppel REIT, Suntec REIT and DBS.
Amid the celebratory atmosphere, the opening of MBFC was marked with grandeur and dignity. Four crystal structures, resembling the crystalline forms of the MBFC towers, descended from the ceiling towards an LED pedestal on the stage. PM Lee and representatives from the joint venture inserted the crystals into the pedestal, triggering streams of light and a 3D projection of the towers onto a series of blocks in the shape of MBFC. The effect was dramatic, signifying the final realisation of a remarkable vision.
"MBFC is the realisation of the Singapore government's work-live-play concept for Marina Bay, offering a quality work environment, the best in waterfront living and a variety of dining and shopping options. It has set a new regional standard for integrated mixed-use developments, on par with that of renowned financial centres around the world. We are committed to maintaining and reinforcing MBFC's position as Asia's Best Business Address™," said Mr Warren Bishop, CEO of Raffles Quay Asset Management (RQAM), manager of MBFC.
To mark the occasion, Mr Bishop also announced that RQAM would donate a total of S$1 million to set up RQAM Study Grants. Four universities – the Nanyang Technological University, National University of Singapore, Singapore Management University and Singapore University of Technology and Design – would benefit from the grants, which aims to nurture the next generation of business leaders.
A plaque commemorating the occasion was revealed at the ceremony, along with the launch of a commemorative book. Commissioned by RQAM and titled 'At the Forefront: Leading the New Downtown', the book focuses on the instrumental role MBFC and One Raffles Quay have played in shaping the development of Singapore's New Downtown.
Guests were treated to a mesmerising performance by William Close and the Earth Harp, the world's longest stringed instrument. Strings of the harp stretched across the venue, enthralling audiences with its tunes. The result was a truly breathtaking visual, musical and sculptural experience that wowed guests, and contributed to making this milestone in MBFC's history an occasion to remember.
In conjunction with the Grand Opening of MBFC, Raffles Quay Asset Management (RQAM) commissioned a commemorative book tracing the history of Marina Bay's transformation into the New Downtown.
Titled 'At the Forefront: Leading the New Downtown', this richly illustrated book touches on the Singapore government's plans in the 1970s to develop the 360-hectare waterfront precinct; the shared vision and commitment of the joint venture partnership between Cheung Kong (Holdings), Hongkong Land and Keppel Land; and the significant contribution One Raffles Quay and MBFC have made to the growth and development of the New Downtown, realising the government's vision of the work-live-play concept for Marina Bay. The book was officially launched at MBFC's Grand Opening.
At MBFC's Grand Opening, Raffles Quay Asset Management (RQAM) announced that it would donate a total of S$1 million to Singapore's four universities – Nanyang Technological University, National University of Singapore, Singapore Management University and Singapore University of Technology and Design.
"This donation will be used to set up RQAM Study Grants to nurture the next generation of business leaders, some of whom will likely work here at MBFC in the future," said Mr Bishop. Through funding the education of Singapore tertiary students, RQAM hopes to bring about a lasting and meaningful impact on the community.
Marina Bay Financial Centre (MBFC) officially joins the ranks of renowned financial centres around the world in cities such as Hong Kong, Tokyo, London and New York. As the largest integrated mixed-use development in Singapore's New Downtown, MBFC is a key component in the government's 'work-live-play' vision for Marina Bay.
Comprising three office towers, two luxury residential towers and a retail mall, MBFC has become a prime lifestyle hub, providing a vibrant environment for working, living and playing.