Construction of 2,000 apartments in the town of Erdenet. In the summer of 2013, ABP and leading development company FINEP commenced the construction of a pilot project – the new residential district “Euro Eko Tugul” in Erdenet, in which a total of 2,000 new modern apartments will gradually be built. The first phase of the construction comprised 2 apartment buildings with a total of 126 apartments, which was realized during the period of May 2013 to December 2014. The total area of all phases of the project is 44 hectares.The second phase was completed in December 2015. The third phase will be completed in December 2016, and the fourth phase has already commenced.