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BW Businessworld

Bahrain's Riyada Group, Dredging Corporation Of India Sign MoU

Dredging Corporation and Riyada agree on business cooperation in dredging and allied services in the Gulf region

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Dredging Corporation of India Limited (DCI), a premier public sector dredging company, and Riyada Group of Bahrain have signed a memorandum of understanding (MoU) for mutual cooperation with a view to expand further opportunities and expand operations in Gulf Cooperation Council and Middle East countries.

The MoU was signed by Rajesh Tripathi, chairman and managing director of DCI and Shaikha Dheya Bint Ebrahim Al Khalifa, president of Riyada Group, in Manama, Bahrain.

Riyada group is one of the leading companies in the Middle East with holdings in diversified sectors and joint ventures with numerous renowned international companies.

"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," Shaikha Dheya said.

DCI has successfully carried out land reclamation work in Bahrain in 2004, 2005 and 2006. It has done maintenance and capital dredging works as well as land reclamation works of all major ports in India, Sri Lanka and Taiwan, since its inception in the year 1976.

DCI owns state of the art equipments which include 12 Trailer Suction Hopper Dredgers (TSHDs), three Cutter Suction Dredgers (CSDs), three Survey launches fitted with latest survey equipment, one Inland Cutter Suction Dredger and one High power backhoe dredger.

The business cooperation MOU was inked in order that DCI could project its capabilities and expertise in the areas of dredging and reclamation to the prospective market in the Middle East region.

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bahrain public sector undertakings infrastructure