In a thriving global engineering, procurement, and construction (EPC) market that is projected to grow from $8.5 trillion in 2023 to $11.22 trillion by 2032, NMDC Group has distinguished itself as an industry titan. From its inception in 1976, the group's transformation from a local operator to a global powerhouse is a narrative of strategic foresight, robust financial growth, and an unwavering commitment to sustainability and innovation.
NMDC Group, a mosaic of specialized subsidiaries, stands as a testament to the remarkable diversity in capabilities and expertise. Across its subsidiaries, the group presents a comprehensive suite of services that cater to the multifaceted demands of the EPC and marine dredging sectors. NMDC Energy offers extensive EPC solutions tailored to the energy sector, while NMDC Engineering spearheads coastal and marine engineering consultancy in the U.A.E. Adding to the group's competencies, NMDC Construction provides sustainable precast solutions across various construction projects and NMDC Dredging and Marine conducts dredging, reclamation, and marine construction operations.
This diversity is not just a hallmark of NMDC's strength but also a strategic advantage that allows it to excel in executing large-scale projects. The group's projects, such as the Hudayriyat Mega Project and the Shamal Development marine works project epitomize NMDC's capacity to spearhead intricate work. The Hudayriyat Mega Project introduces the world's first manmade mountains, adding over 53.5km of coastline to Abu Dhabi, while the Shamal Development marine works project was awarded at $353.9 million by Abu Dhabi Ports.
This story is from the April 2024 edition of Forbes Middle East - English.
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This story is from the April 2024 edition of Forbes Middle East - English.
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