Friday 16 April 2021

NMDC wins $163m Egypt contract

ABU DHABI, September 18, 2020

The National Marine Dredging Company has announced that it has been awarded an AED600-million ($163.36 million) contract for the expansion of Lake Manzala in northeastern Egypt.
The company disclosed the value of the award in a letter to the Abu Dhabi Securities Exchange, ADX, said a Wam news agency report.
NDMC said the project will be implemented in partnership with Al-Tahadi Egyptian-Emirati Co, and will be completed in two years.


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