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