Business | Construction
Depa venture wins Singapore contract
Firm's first deal in city state worth Dh186.5m.
- Staff Report
- Published: 00:03 July 23, 2008
Dubai: Depa Limited, a leading interior contractor, on Tuesday said its joint venture DDS Contracts & Interior Solutions Pte Ltd (DDS) has been awarded its first contract in Singapore for the fit-out of 716 guest rooms, including the corridors and lobbies of the 6th to 49th floors of the prestigious Marina Bay Sands Integrated Resort Hotel Tower 1.
The project has a contract value of Dh186.5 million, the company said in an e-mailed statement.
DDS is a joint venture between Depa (55 per cent) and Design Studio (45 per cent), Singapore's leading furniture manufacturer, product and interior fit-out specialist.
DDS will be working on the project with South Korean main contractor, SsangYong Engineering and Construction Co Ltd (SsangYong) on Marina Bay Sands, which is located on Singapore's vibrant Marina Bay waterfront within close proximity of the Central Business District.
Mohannad Sweid, CEO of Depa, commented, "This win marks a great start for DDS. We strongly believe that Design Studio's expertise and knowledge in the Asian market and Depa's solid track record of fitting prestigious projects will benefit DDS in delivering quality on time and budget. This is also Depa's first project in the South East Asian market, for which we see huge potential."
DDS is an interior fit-out specialist company based in Singapore that offers a complete suite of interior fit-out solutions to hospitality, lifestyle and commercial projects.
We strongly believe that Design Studio's expertise ... and Depa's solid track record ... will benefit DDS in delivering quality on time and budget."
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