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
  • Gulf News

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."

  • Rate this article
  • Average reader rating (0 votes) 0 Stars
Tools

Emailing an article to friend is a simple way to share a news item. Your friend will receive an email with your name and email address as well any personal message you choose to send.

The information you provide on this page will not be used to send unsolicited emails.

This service is not intended to encourage spam, and action may be taken against individuals who maliciously enter personal details of another individual.

Share this article

More from Construction

  1. Al Fara'a delivers project at Jumeirah Village

  2. Danube's fifth Buildmart complex opens

  3. Drake & Scull posts Dh71m profit

  4. Oman issues tenders for steam and power plants

All articles in Construction

More from Business

Gulf News
Popular in Business
Precious jump
General

Precious jump

Gold prices at new high as India's central bank buys $6.7b worth of gold

Business Editor's choice