Minaean SP Construction Corp. provided an update on the company's current and future projects pipeline. The company has been working towards closing two of its projects by the end of the current calendar year but the various issues engulfing the global markets, including the rise in costs due to supply chain issues, has caused delays. The company's pursuit of several large scale projects as per the mandate given by SPG is showing positive results thus far, potentially leading to a good year in 2022. The projects vary in size and location and are essential to the countries within which they are going to be executed. There are 11 projects under development in 9 countries that are upcoming. The near term projects include contracts in Uganda and Cote D'Ivoire. In Uganda, for the construction of an industrial park in the region called Kessesse, the draft contract is under final review. In Cote D'Ivoire, a project study for the construction of a students' campus to house 5000 students has been completed and the pricing offer is being reworked based on the current circumstances and resubmitted. SPG has invested USD 2.5 million for conducting the project study. This is the first phase of the University project. In Kenya, the financing structure for the 400 bed hospital project is under discussion. It is likely that this project would be broken into phases to meet the financial constraints. In Zambia, a 250 bed trauma /tertiary hospital has been proposed for construction at the request of the government of Zambia which has confirmed it will issue a financial guarantee for the repayment of the funding of this project. The country is awaiting credit clearance from the International Monetary Fund (IMF) for financing. The company is in discussions with various export credit agencies for underwriting the sovereign risk for the funding of this project. The Expression of Interest issued for the hospital project in Madagascar has obtained the government's response with land indication. Though there have been delays due to reasons mentioned above, active discussions are expected to resume in 2022. The progress in Gambia has been slow with the Ministry of Finance working towards enhancing their credit limits with the backing of the IMF -- the project details for the hospital project are awaited. An Expression of Interest has been submitted for the construction of a students' campus in Ghana, a project valued around USD 120 million, the details of which are awaited.