NMDC wins AED 635m projects

Abu Dhabi – Mubasher: The National Marine Dredging Company (NMDC) has been awarded two projects valued at AED 635 million.

The projects include Dadna Fujairah where the company will conduct dredging, reclamation, breakwater, quaywall, and demolition works, according to a bourse filing on Monday.

Valued at AED 485 million, the project is expected to be executed over 18 months.

Meanwhile, the company has won the Bardawil project worth around AED 150 million to implement the dredging works in the Bardawil Lake in Egypt.

The project has been awarded to NMDC’s joint venture in Egypt, the Challenge Egyptian Emirates Company, which is expected to be executed in less than a year.

Mubasher Contribution Time: 12-Jul-2021 11:42 (GMT)
Mubasher Last Update Time: 12-Jul-2021 11:42 (GMT)