Manta Bay Construction Update Q2, 2025

Phase 1- Enabling Package (G5% was done)

• The Project site mobilization was completed.

• The Soil Investigations were done.

• Soil Improvement was completed.

• The shoring system was done.

• The Dewatering work was done.

• The Excavation works were done.

• The Piling work was done successfully.

• All tests were done.

Final formation leveling in progressThe expected date of completion for the full package of enabling work is 30th May 2025.

Phase 2- Main Package- Main Contractor (In Progress)

• Main Contractor (NSE) was appointed successfully.

• The site mobilization on the site is in progress.