DCI and Abu Dhabi’s NMDC ink MoU
The Hindu
Both the dredging majors to operate on projects under strategic alliance
Dredging Corporation of India has entered into a Memorandum of Understanding (MoU) with Abu Dhabi- based National Maritime Dredging Company (NMDC), here on Monday. The MoU was exchanged in virtual mode between G.Y.V. Victor, the managing director and CEO of DCI, and Yasser Nassr Zaghloul, Group Chief Executive Officer of NMDC, in the presence of H.N. Aswath, Development Adviser (Ports), Ministry of Ports, Shipping and Water Ways.
Delivering the opening address, Mr. Awasth said that the MoU will pave the way for strategic alliance and would play a crucial role in achieving the Maritime Vision- 2030.
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