Images are copyrighted by their respective owner and you don’t have permission to download them.

Close
Business, Business of Sport, Companies, Entrepreneurship, Global Trade, Market Data, Technology of Business / June 18, 2018

The summit of the century: how much will it all cost?

The much anticipated summit of the century between the US and North Korea has arrived – and Singapore is playing host. The world’s media is here, hotels are booked out, security is on high alert and both leaders have brought big delegations. So what will it cost?

Sun, sand and the sea – it is why most tourists come to Singapore’s resort island of Sentosa.

The small enclave, off the coast of the mainland is also known as the island of peace and tranquility in the local language. But on Tuesday Sentosa plays host to what’s being called the greatest show on earth – featuring arguably two of the most volatile leaders on the planet – United States President Donald Trump and North Korean leader Kim Jong Un.

Whether or not the two leaders come to any sort of agreement aside, it is clear that this summit is going to cost a fortune.

The damage for Singapore? $20 million Singapore dollars ($15m; £11m), according to the government.

That covers security but also costs relating to the North Korean delegation. The Singapore government told the BBC that it would foot the bill of the North Korean delegation, including Kim Jong-un’s stay at the St Regis hotel.

Leave a reply