Shanghai. He was under the impression that as long as we could find the large public park next to it, we would be able to locate it. We walked for almost half an hour, yet we were unable to find it. Eventually, we asked some passers-by for the way, and we were told it was right in front of us. We found that the original park had already made way for many high-rise buildings, so much so that it has become unrecognisable. The site of Xin Tian Di used to be some low-rise buildings with low economic value. The Shanghainese converted them into restaurants. With the establishment of Xin Tian Di, it brought about the economic development of the surrounding areas. This shows that the Shanghainese are full of creativity and they are capable of reforming and reinventing themselves. If this were in Singapore, I do not think our people would be so creative. The Chinese people are very bold in creating, reinventing and innovating. If we want to convert the ordinary shops and buildings into a big restaurant, it would not be so easy. So the rapid development of Shanghai is well known to all. a Director of the Shanghai lift company what the company's strengths were. He told me that whatever features other companies had, so did they. However, what his company had, the others might not have. This is very enlightening. Since there are many IRs outside Singapore, if we want to build one or two in Singapore, we have to build something different from the others. Whatever others have, we should have too. But what we have, they may not have. So we must have something unique in Singapore to attract and compete with others. come. We should not wait until the rainy days come, as by then it will be too late. We cannot start digging for a well only when we are thirsty. Setting up a high class IR will lay the foundation for our further development so that we will have more job opportunities. I believe the Singapore Government is farsighted. If we do not build the IR with the casino, of course, we may not collapse right away. But if we have the IR, we will have more economic benefits and create 35,000 more jobs for our people. Some people say that if you have an IR including a casino, you must make sure that it brings in a lot of investments, otherwise the economic benefits may not be adequate to pay for the social costs incurred. If it is well managed, it will contribute much benefits to our country, the operators and our people. It will be a win-win situation for all concerned. currency Renminbi that our hawkers are now accepting Renminbi. Many of my Chinese business friends told me that after completing their business affairs, they would be travelling to Malaysia, Australia and Macau. I asked them why they were in such a hurry to get out of Singapore. They said that there were many exciting tourist attractions in these countries, and they also wanted to try their luck in the casinos there. I feel that Genting in Malaysia is one of the good attractions for tourists to visit Malaysia. go for a short holiday overseas. They can spend their money in Singapore. There will be an even greater economic impact. Mr Chiam See Tong asked whether all these jobs will be taken up by Singaporeans. Of course, we will have this opportunity to employ more Singaporeans. I am sure that MOM or NTUC will provide various training opportunities to our people to equip them with the necessary skills to take up as many of these 35,000 jobs as possible. Even if we cannot take up 100% of the jobs, 60% of the jobs would provide 20,000 jobs for Singaporeans. Now, our working population is about two million. 20,000 will mean about 1%. We all know that we have 3.5% unemployment rate. If we can reduce it by even 1%, our unemployment rate will be at 2.5%, and Singapore would achieve a full employment rate. With the 20,000 jobs available, is it a big or small number? Let me give you an example. about it. So I do not want to go into this anymore. But I want to emphasise that I support the Government's proposal to set up a gambling council to mitigate the social costs in the same way that we have the drug council to look after drug addicts. Gambling addiction can also be treated. So we will go through different channels to educate our people to ensure that they do not fall into the problem of gambling addiction. Through schools, we will also educate our children to have proper attitudes. Next is community education. Mass education to educate our people on the ills of gambling may be conducted via the grassroots organisations. We all know that you cannot win when you gamble. We must inculcate this in our students. Next, is to go through religious education to teach the children not to take up gambling, not to become gamblers and gambling addicts. So, religious bodies will make their followers understand the ills of gambling, so that they understand that the IR is built to attract foreigners and not to attract our locals to become gamblers.