NDP 2016 is estimated to cost around $39.4 million Defence Minister Ng Eng Hen said in parliament today (29 Feb) that the National Day Parade (NDP) 2016 at the Singapore Sports Hub will cost $39.4 million. Comparing it with the SG50 Parade which cost $40.5 million, we would expect a more significant drop in this year’s NDP expenditure, given the non-jubilee status. However, there is not much of a difference, and here is why: Venue costs of Singapore Sports Hub is more than 3 times that of the Padang and MBS floating platform. Yes, you read that right. The new location cost around 15% of the total costs where the previous venues — the Padang and the Marina Bay floating platform only cost 4% of the total costs. SG50 celebrations took place at both the Padang and the Marina Bay floating platform, incurring a cost of $40.5 million. Meanwhile, the cost of hosting NDP 2016 at the Singapore Sports Hub is almost the same as hosting it at both the Padang and the Marina Bay floating platform, which is insane. The Straits Times reports that holding the NDP at the Marina Bay Floating Platform costs about between $15.7 million and $17.9 million. Bigger is better, according to minister Ng Eng Hen […]

8 years ago