VERIFIED LISTING
major shareholders are the state of Qatar , Qatari based totally United development agency (UDC) and Belgian's Dredging and Environmental Engineering (DEME). MEDCO, with a paid-up capital of QAR 560 million, has inside its first year of operations rapidly grown and secured projects worth more than QAR 2 billion, both in Qatar and different nations of the Gulf location. MEDCO is actively pursuing additional dredging and reclamation initiatives in Qatar and at some point of the middle East . Fleet expansion and diversification is underway to decorate MEDCO's talents and to comfortable its role as the foremost dredging and reclamation useful resource within the center East .