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Arabtec awards contract to National Marine Dredging

Arabtec awards contract to National Marine Dredging
The project is part of Arabtec’s strategy to expand outside UAE (Photo Credit: Company Website)
NMDC
NMDC
3.55% 23.92 0.82
Damac
DAMAC
0.00% 1.40 0.00

Abu Dhabi – Mubasher: Arabtec Holding awarded National Marine Dredging Company (NDMC) a AED 82 million contract in the Republic of Maldives, according to a statement.

The project is part of Arabtec’s strategy to expand outside the UAE.

The NMDC won a contract worth AED 605 million ($164.7 million) for Khalifa Port in late August, and has been awarded a project worth AED 1.16 billion ($316 million) in India in the same month.