It is to our great pleasure to announce that JAYED Group Sarl in conjunction with Krimmley Contracting have joined forces and opened a new company in Saudi Arabia.
Desert Palm for Contracting or DEPCO is a newly formed entity that enables both our organization to provide a diverse range of projects implementation and advanced systems for the liberalized telecommunication market in Saudi Arabia.
DEPCO will tackle the Saudi telecommunication market and provide turnkey IT systems and telecommunication solution able to respond to the market needs while ensuring quality and personalized service.
DEPCO outlook to the Saudi telecommunication market is very optimistic, the new laws allowing private companies to compete with the national operators in voice and data services (with the only exception of GSM) has opened a rich market in the private and public sector, broadening possibilities for established and start-ups companies in Saudi Arabia.
Total spending in the Kingdom of Saudi Arabia in the Telecommunication industry is projected to reach 60 Billion US dollars by 2020 from the 4.7 Billion USD in 2005. Our goal is to provide robust and innovative IT systems and telecommunication solutions able to respond to the local market growth and corporate requirements for increased efficiency and cost savings. DEPCO is confident we can establish ourselves and grab a market share by introducing innovative IT systems and value added services able to serve the public and private sector.
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JAYED Group Sarl is specialised in tender business and operates in the Middle East, Gulf and North African region. The Group's 33 years history in the Middle East provides a strong bridge of cooperation and business for over 42 international manufactures in a wide range of products, civil projects and IT systems. Ever since 2001, JAYED has focused its work on advanced IT systems for security, government communications, systems integration and deployed many such systems in the region.
Krimmley Contracting is a long established Saudi company specializing in utility sector projects and infrastructure. Krimmley Contracting is presently classified as second with the Saudi government enabling them to participate in large projects up to 300 million SR per project. From 1992 until present Krimmley contracting is the major layer of fibre optic equipment & cables in the Asiir province with the state owned Saudi telecommunication Company (STC). Along side many others infrastructure & utility projects in Jeddah, Madina and Asiir provinces.
© Press Release 2006
