Depa PLC, the leading global interior solutions group, has won a project award worth approximately $30mn (AED 110 million).
Depa Interiors, Depa’s Middle East key business unit which specialises in the provision of interior solutions to the hospitality, residential, commercial, and transport and civil infrastructure sectors, secured a hospitality package within a development in the Red Sea region of Saudi Arabia. This is the second significant hospitality project awarded to Depa within this development.
Kevin Lewis, Depa’s group chief executive officer, commented: “Depa is pleased to secure a second large hospitality project in the Red Sea region as we continue to actively participate in the ongoing expansion of Saudi Arabia’s luxury hospitality sector. We look forward to delivering this project on time and to the highest quality for our client.”
Depa is a strategic management company specialising in global interior solutions. Depa’s key business units hold leading positions in their respective markets: Vedder, Depa Interiors and the Deco Group. Employing thousands of people worldwide, the Group’s operations are centred on two regional hubs: Europe and the Middle East.
Depa PLC is listed on the Nasdaq Dubai (DEPA: DU) and is headquartered in Dubai, United Arab Emirates.