Joint Venture with Abu Dhabi Government
November 02 2009 - 2:00AM
UK Regulatory
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
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