Middle East Dredging Company (MEDCO) - Contractor, Dredging
Established as a Qatari company in June 2004, MEDCO specializes in capital dredging Works, through a complementary fleet of dredging vessels, reclamation and other equipment.
Our principal shareholders are the state of Qatar , Qatari-based United Development Company (UDC) and Belgian's Dredging and Environmental Engineering (DEME). MEDCO, with a paid-up capital of QAR 560 million, has within its first year of operations rapidly grown and secured projects worth more than QAR 2 billion, both in Qatar and other countries of the Gulf region.
MEDCO is actively pursuing additional dredging and reclamation projects in Qatar and throughout the Middle East . Fleet enlargement and diversification is underway to enhance MEDCO's abilities and to secure its position as the premier dredging and reclamation resource in the Middle East .