Dredging International to construct artificial island at Ras al Khaimah ( UAE)

Dredging International has signed a contract with private stock company Rakeen Development for the reclamation of an artificial island off Ras al Khaimah, the northernmost emirate of the United Arab Emirates (UAE). The € 50 million contract adds to a string of projects which Dredging International is currently executing in the Gulf area. The first stage of dredging and reclamation will begin later this month with planned completion end October 2007. Dredging International is a principal operating company of the Belgian Antwerp-based DEME-Group (Dredging, Environmental and Marine Engineering).