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Home›Business development›NMDC bags $354 million Shamal Development contract
Business development

December 30, 2021 · about 4 years ago

NMDC bags $354 million Shamal Development contract

National Marine Dredging Company (NDMC) has won an AED1.3 billion ($354 million) contract from AD Ports Group for the engineering and construction of the Shamal Development marine works. The Shamal Development is part of Khalifa Port, located in Taweelah, Abu Dhabi, midway between Mina Zayed and Jeb

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NMDC bags $354 million Shamal Development contract

National Marine Dredging Company (NDMC) has won an AED1.3 billion ($354 million) contract from AD Ports Group for the engineering and construction of the Shamal Development marine works.

The Shamal Development is part of Khalifa Port, located in Taweelah, Abu Dhabi, midway between Mina Zayed and Jebel Ali Port, which was built on a reclaimed artificial island reaching 4.5km offshore.

The scope of work will include the dredging of 16.8 million cm of material, 1.2 km quay wall and construction of approximately a 3.8 km long detached breakwater, as well as ground improvement works for 1 million m3 along with environmental monitoring and protection measures.

Yasser Zaghloul , Group CEO, NMDC, said: “The contract is part of our strategic plans to expand our operations in the UAE and beyond. We have strategic expansion plans for 2022 and the following years, and as a Group, we will be entering new markets and enhancing our presence in existing ones undertaking complex projects and sharing our expertise.”

Captain Mohamed Juma Al Shamisi , Managing Director and Group CEO, AD Ports Group, added that “Khalifa Port, our flagship deepwater port, provides vital infrastructure for the global maritime industry. This new development will help us further augment our infrastructure, operational and cargo handling capabilities, supporting our growth and accelerating trade flows in the region. In turn, the expansion cements Khalifa Port’s position as a major global trade and logistics hub.”

The entire project is scheduled for completion in October 2023.

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