Depa Limited has been awarded a Dh220 million contract for both the interior fit-out and furniture, fixtures and equipment (FF&E) of a five star Hotel & Casino in Luanda, the Capital of Angola.
The project is being developed by Sonangol, the Angolan National Oil Company as part of the Government's plan to build 28 hotels around the country by 2011.
Depa has been contracted for the design, fit-out and supply of FF& E for the interiors of the hotel.
This is the second contract that Depa has won in Angola following last year's contract to fit out all 202 guest rooms and public areas of the Talatona Convention Centre Hotel in Luanda. This was completed on time and budget and the Hotel opened at the end of 2009.
Mohannad Sweid, Chief Executive Officer, Depa Limited said: "Angola is a market which we see as having many opportunities for significant long-term growth. The Country is making giant strides with major economic reforms and continues to attract significant foreign direct investment. We continue to focus on diversifying our revenues in targeted countries such as Angola and continue to explore opportunities in other politically safe African nations."