Changi Airport's Terminal 5 is set to redefine travel in Singapore when it opens in 2030. Construction is currently 60% complete, with major structural work expected to finish by early 2025. Once operational, Terminal 5 will have a capacity of 50 million passengers per year, significantly reducing congestion and enhancing the travel experience. The state-of-the-art terminal will feature advanced technology and sustainability initiatives, including solar panels and rainwater harvesting systems.

Our ongoing runway upgrades are critical to accommodating the anticipated rise in aircraft movements. The upgrade of Runway 1 is set to be completed by December 2024, which will increase its capacity by 25%. Additionally, a new taxiway system will reduce delays and improve operational efficiency by 15%. These improvements are essential for maintaining Changi Airport’s operational reliability and enhancing our service to airlines and passengers alike.

The logistics sector is crucial to the airport's operations, and we are committed to streamlining our cargo facilities. The new Cargo Terminal, expected to open in late 2025, will increase our cargo handling capacity by 40%, allowing us to better serve our clients and partners. With a focus on digitalization, we aim to reduce cargo processing times by 30%, ensuring that Singapore remains a key transshipment hub in the region.

Sustainability remains at the forefront of our terminal projects. All new developments aim to achieve Green Mark Platinum certification, reflecting our dedication to environmentally friendly practices. With the implementation of energy-efficient systems, we aim to reduce energy consumption by 20% across our facilities. Ongoing projects include the integration of electric vehicle charging stations and enhanced recycling programs to align with Singapore's Green Plan 2030.

We are actively engaging with local communities and stakeholders to ensure our expansion projects are beneficial to all. By 2026, we plan to host regular community forums to discuss project impacts and gather feedback. Our vision for the future includes not only enhancing capacity but also fostering partnerships that empower local businesses and create job opportunities. We are excited for what lies ahead as we continue to position Singapore as a leading global air hub.