4GLOBAL PLC (AIM:4GBL) told investors it has been awarded a £4mln project over five years with a major sporting infrastructure project for a city in the Middle East.
The company, in a statement, said that the first £600,000 of the project is expected to be delivered and recognised in the current financial year.
It sees the data services company working with a major global consultancy and construction firm to help inform the design and build of critical sporting infrastructure that will be used to host and attract major sporting events, whilst also promoting more active and healthy lifestyles for the citizens in the region.
The company added that it is helped by its extensive and unique knowledge on major events, active places and active people, as well as its data and technology to inform critical decisions.
"This is a significant contract win for the company, representing one of the largest initial wins in our history and providing valuable foundations to our plans over the next few years,” said chief executive Eloy Mazon.
“We are delighted that we have been trusted to deliver on this project using our data, technology and knowhow for this sporting infrastructure project taking place in a city in the Middle East, which we see as a great opportunity to build relationships and work in the region post project.
"This project has given us an opportunity to continue our expansion in the Middle Eastern market through strategic partnerships which is key to our growth in the region," Mazon added.
"The international demand for our products and to partner with us (4GLOBAL) in projects is allowing us to accelerate our expansion into other international markets which is a key pillar of growth under our strategy."