Dredging Corporation of India Limited (DCI), Government of India undertaking, a premier public sector dredging company, and Riyada Group of Companies, Kingdom of Bahrain, has signed a Business cooperation Memorandum of Understanding (MoU) for mutual cooperation with a view to expand further opportunities and expand operations in Gulf cooperation council countries and Middle East countries.

The MoU was signed by Shri Rajesh Tripathi - Chairman & Managing Director of DCI and Her Highness Shaikha Dheya bint Ebrahim Al Khalifa - President of Riyada Group at city of Manama, Kingdom of Bahrain.

The Business cooperation MOU was inked in order that DCI could project its capabilities and expertise in the areas of dredging & reclamation to the prospective market in the Middle East region. The deal also facilitates utilisation of equipment of each other for execution of various projects like Capital Dredging, Maintenance Dredging, Breakwater, Revetments and Rock works, Land Reclamation, Sustainable Profitable ventures on PPP route on Infrastructure projects.

Read more...