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.
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