News Formal

Port of Cork to receive €88.5m finance injection

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 24 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 98%

Cork News

Ireland-Strategic-Investment-Fund

Capital from the Ireland Strategic Investment Fund will be used to build facilities at Ringaskiddy container terminal

The Port of Cork is to get an €88.5 million investment to build new facilities at its container terminal in Ringaskiddy.

It is understood the financial injection is part of the €99 million investment into the port announced by the Minister for Public Expenditure and Reform Paschal Donohoe during his budget speech on Tuesday.EU warns State over planning approval for green energy projects Senior investment specialist in Isif Donal Murphy said the project supported the county’s transition to a net zero economy but also had an “impact in driving more trade and economic activity”.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New Press Up owner Cheyne Capital plans to invest fresh capital into businessAll of its venues will remain open with the exception of Wowburger on Parnell Street in Dublin
Source: IrishTimesBiz - 🏆 6. / 77 Read more »