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Joint Venture with Abu Dhabi Government

Date : 11/02/2009 @ 2:00AM
Source : UK Regulatory (RNS & others)
Stock : Assetco (ASTO)
Quote : 300.0  0.0 (0.00%) @ 2:50AM
Assetco share price Chart

Joint Venture with Abu Dhabi Government


 

TIDMASTO 
 
RNS Number : 7341B 
AssetCo PLC 
02 November 2009 
 

 
 
 
 
2nd November 2009 
 
 
AssetCo announces joint venture with Abu Dhabi Government for the development 
and operation of new world class Education and Training Facility 
 
 AssetCo plc, the provider of integrated support services to the Emergency 
Services in the UK and Ireland, is pleased to announce that it has signed a 
10-year joint venture agreement with the Abu Dhabi Government/ Critical National 
Infrastructure Authority (CNIA), to develop and manage a 100-acre multi-agency 
emergency services training centre, Rabdan Disaster City. Rabdan Disaster City 
will be an integral part, and one of the projects of "Rabdan Academy", a program 
to establish accredited education and training and associated senior 
qualifications to personnel from multi-agency services in the Emirates, the GCC, 
and internationally. 
 
 
Chief Executive, John Shannon commented, "We are delighted to have been selected 
as the long term partner to Rabdan Academy and to have a key role in delivering 
a world class training solution to the various government agencies and private 
sector organisations who will use the facility. This is the first of a number of 
projects we have been involved in since October 2007, and endorses our decision 
to commit a senior team to the Emirate." 
 
 
Rabdan Academy forms part of the vision of His Highness General Sheikh Mohamed 
Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of 
the UAE Armed Forces. The Academy is designed to be a future class environment 
that trains and educates personnel representing the Abu Dhabi Government, 
society and private sectors in the fields of safety, security, defence, 
emergency preparedness and crisis management. 
 
 
Lt. Col. Faisal Albakeri, the Program Director for Rabdan Academy in Abu Dhabi, 
UAE commented "We are delighted to have selected AssetCo as our partner for 
"Rabdan Disaster City". Their technical expertise and commitment to this project 
will help us establish a truly future class facility for our multi-agency 
education and training ambitions in the Emirates and will be one of the key 
projects of Rabdan Academy that will be instrumental in achieving the vision of 
His Highness the Crown Prince of Abu Dhabi, under the Chairmanship and 
directives of His Highness Staff Brigadier Pilot Sheikh Ahmed Bin Tahnoon Al 
Nahyan". 
 
 
Enquiries: 
 
+--------------------------------------+--------------------------------------+ 
| AssetCo plc                          |  +44 (0) 20 8515 3999                | 
+--------------------------------------+--------------------------------------+ 
| John Shannon, Chief Executive        |                                      | 
| Officer                              |                                      | 
| James Collins, Investor Relations    |                                      | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| Gareth White, MD AssetCo UAE         | ++971  (2) 412 4138                  | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| Arden Partners plc                   | +44 (0)20 7398 1632                  | 
+--------------------------------------+--------------------------------------+ 
| Richard Day                          |                                      | 
+--------------------------------------+--------------------------------------+ 
| Adrian Trimmings                     |                                      | 
+--------------------------------------+--------------------------------------+ 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| Pelham                               | +44 (0) 20 7337 1500                 | 
+--------------------------------------+--------------------------------------+ 
| Alex Walters                         |                                      | 
+--------------------------------------+--------------------------------------+ 
| Francesca Tuckett                    |                                      | 
+--------------------------------------+--------------------------------------+ 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 JVEBBBBTMMTMTAL 
 

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