16 Aug UAE and UK to fund Dh540m package for emergency services in Senegal including fire response
The UK and UAE have announced a joint support package of Dh540m for Senegal to boost emergency response services including firefighting response.
The national emergency response programme, called the Redco Project Senegal, aims to bolster the emergency services with ambulances, fire fighting vehicles, rescue boats, water trailers, cranes and cargo lorries as well as medical equipment. Funded by Standard Chartered Bank the support of Dh540m, comes from direct funding from the UAE’s Etihad Credit Insurance (ECI) and UK Export Finance (UKEF).
Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, said: “The long-standing bilateral relationship between the UAE and the United Kingdom is built on the shared vision of both countries to promote sustainable development and economic prosperity across the globe.
“The UAE has been keen on engaging in such remarkable projects that can transform the lives of hundreds of thousands of people.
“This new agreement between our export credit agencies is part of the UAE’s relentless commitment to advance key segments such as emergency services, healthcare, environment and technology.”|
ECI chief executive Massimo Falcioni said the agreement will help local entrepreneurs and exporters get access to overseas markets as part of the international links.
Mr Falcioni commented: “This kind of partnership opens up numerous opportunities for the UAE, the UK and Senegal to explore joint projects that will help domestic entrepreneurs and exporters secure access to international markets while safely securing their receivables.
It will further solidify UAE companies’ presence in the global arena and reinforce its position as one of the most conducive global hubs for trade and business.”