Brief: Abu Dhabi's NMDC Signs MoU With Daewoo E&C To Strengthen Expansion Across Middle East And Africa

DAEWOO ENGINEERING & CONSTRUCTION

09/02/2022 08:49

Feb 9 (Reuters) - NATIONAL MARINE DREDGING COMPANY PJSC
 NMDC.AD :
    * ENTERS INTO A MEMORANDUM OF UNDERSTANDING WITH DAEWOO
ENGINEERING & CONSTRUCTION
    * AGREEMENT FOR TWO ENTITIES TO MUTUALLY EXPLORE AND GROW
BUSINESS
OPPORTUNITIES ACROSS MIDDLE EAST AND AFRICA
    * THROUGH MOU, THE TWO ENTITIES WILL JOINTLY EXPLORE ONSHORE
AND
OFFSHORE ENGINEERING, PROCUREMENT AND CONSTRUCTION PROJECTS
    * WILL ALSO FOCUS ON MARINE, DREDGING AND RECLAMATION
PROJECTS IN
ADDITION TO IDENTIFYING OPPORTUNITIES IN INDUSTRIES SUCH AS
ENERGY, PORT DEVELOPMENT AND URBAN DEVELOPMENT PROJECTS
    * NMDC AND DAEWOO AIM TO WORK ON A PROJECT-TO-PROJECT BASIS,
ACROSS SPECIFIED GEOGRAPHICAL AREAS OF OPERATION, THROUGH JV, OR
A MUTUAL UNDERSTANDING BETWEEN TWO ENTITIES

Source text for Eikon:  ID:nADXE60655 
Further company coverage:  NMDC.AD 

 ((Reuters.Briefs@thomsonreuters.com;))