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Tue 24 Feb 2009 01:00 PM

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Dubai's Depa wins $50m Morocco contract

Interior design company secures deal for Mazagan Resort on the Atlantic coast.

A Dubai-based interior design company announced on Tuesday it had won a $50 million contract for a resort in Morocco.

Depa Limited, one of the world's largest providers of interior contracting services, said that its Moroccan subsidiary, DepaMar, had been awarded the contract by Kerzner International Developments, at the Mazagan Resort villas in El Jadida, on the Atlantic coast of Morocco.

It is the second win for DepaMar for the Mazagan Resort, having been previously awarded the fit-out works for the resort's five-star hotel, Golf club house, Entertainment Centre, Health Club and Spa in July 2007.

The project is due for completion by June 2010.

Mohannad Sweid, CEO Depa said: "This is our second order for the Mazagan Resort and further strengthens our position in Morocco, which is a key market for us and fits with our wider strategy of geographical diversification that we have undertaken over the last few years.

"We are delighted to be awarded this by Kerzner International Developments, with whom we have an excellent working relationship, following the successful completion of Atlantis The Palm in September last year."

Depa's contract is part of the first phase of the Mazagan Resort, which will include a five-star hotel with a capacity of 1,000 beds, as well as an entertainment centre, numerous fine dining restaurants, shops, a health spa and an 18 hole golf course and club house which, combined, will cover more than 500 hectares.

Bassil El Khayri, general manager, DepaMar added: "Having recently completed three major fit out projects in Morocco - Farah Golden Tulip Hotel, Kenzi Tower Palace in Casablanca and Ksar Menara Hotel in Marrakesh - we feel that this is a fantastic win for Depa."

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