Riyada, DCI ink business cooperation MoU

Manama : Dredging Corporation of India Limited (DCI) and Riyada Group of Companies signed a Business cooperation Memorandum of Understanding (MoU) to expand further opportunities and operations in GCC and Middle East countries.

Rajesh Tripathi - Chairman & Managing Director of DCI and Shaikha Dheya bint Ebrahim Al Khalifa - President of Riyada Group signed the deal in Manama.

Commenting on the deal, Shaikha Dheya said, “We believe that DCI is a reliable and competent partner that would add value to the completion targets of the various land reclamation, dredging and ports maintenance and developments projects in our region”. DCI has successfully carried out land reclamation work in Bahrain in the year 2004-2005 & 2005-2006, maintenance & capital dredging works as well as land reclamation works.

The deal also facilitates utilisation of equipment for execution of projects like Capital Dredging, Maintenance Dredging, Breakwater, Revetments and Rock works, Land Reclamation, Sustainable Profitable ventures on PPP route on Infrastructure projects.