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.
Dr. Victor, said that with increase in marine infrastructure development activities in the Indian sub-continent, African region and middle and far east region, the MoU will act as strategic alliance and facilitate participation in bids for projects on a case-to-case basis in these regions.
