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UAE's NMDC Secures $610M Manila Bay Dredging Contract

10/3/2025

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Summary

Story summary

NMDC Group, UAE-based, signed a $610.1 million contract with Pasay Harbor City Corporation for Manila Bay dredging and reclamation.
It's Harbor City initiative's first large-scale contract in the Philippines, lasting 30 months.
Scope includes sand supply, dredging, vertical drains, vibro compaction, and rock placement across 130 hectares.
NMDC seeks Southeast Asia expansion; UAE-Philippines talks aim to boost investments.

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Story summary

NMDC Group, UAE-based, signed a $610.1 million contract with Pasay Harbor City Corporation for Manila Bay dredging and reclamation.
It's Harbor City initiative's first large-scale contract in the Philippines, lasting 30 months.
Scope includes sand supply, dredging, vertical drains, vibro compaction, and rock placement across 130 hectares.
NMDC seeks Southeast Asia expansion; UAE-Philippines talks aim to boost investments.