Abu Dhabi-headquartered NMDC Group signed a contract with Pasay Harbor City Corporation (PHCC) in October 2025 to carry out large-scale dredging and land reclamation in Manila Bay, marking the company’s first major project in the Philippines.
With a total value of $610.1 million, NMDC Group will undertake a thirty-month project encompassing approximately 130 hectares of island reclamation as part of a groundbreaking development project to build a new eco-friendly, waterfront city.
