| Work Detail |
The contract was awarded by Modon Holding
Abu Dhabi-listed NMDC Group has secured a 5.05 billion UAE dirhams ($1.37 billion) contract from Modon Holding.
The contract includes marine dredging, reclamation and ground improvement works in Abu Dhabi, the company said in a bourse filing this week.
No project details were given.
Last week, ADX-listed Modon Holding Chairman Jassim Al-Zaabi told the semi-official UAE daily Alittihad that the company would start working on Phase 1 of the Ras Al-Hekma project in Egypt within one month.
In August, NMDC Group secured a contract worth more than $200 million from the Abu Dhabi National Oil Company for marine dredging works in the Ruwais LNG Project. |
