Royal Boskalis Westminster nv has been awarded a contract from Nakheel for the redevelopment of Port Rashid in Dubai. Boskalis will execute the project in a 50/50 partnership with the Belgian dredging company D.E.M.E. The contract is worth approximately € 400 million, with the share of Boskalis amounting to approximately € 200 million. Work will commence in the near future and the project will be executed within a period of two and a half years.
SOURCE: Boskalis.com – NEWS – Royal Boskalis Westminster .
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