With an investment of approximately US$153.0 million (S$206.8 million), our third cement plant in Kazakhstan, located in the Korday district, Jambly region, includes a cement clinker production line that is capable of producing 3,500 metric tonnes of clinkers daily. Scheduled for completion in June 2024, the addition of this new plant will boost the Group’s current annual cement production capacity by 1.5 million metric tonnes to reach 5.5 million tonnes, placing the Group on a firm footing for growth in the years ahead. Strategically located in the neighbouring region of the Alacem cement plant with direct export routes to Kyrgyzstan, this plant will strengthen our market leadership position in the southeast region of Kazakhstan and enhance our ability to meet the increasing construction demands.