Home Water NMDC awarded a $163.36m contract for Lake Manzala in Egypt

NMDC awarded a $163.36m contract for Lake Manzala in Egypt

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.

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