Friday, May 29, 2015
Port of Cork has been granted planning permission for Ringaskiddy Development. The company has welcomed the decision of An Bord Pleanála to grant planning permission for the Ringaskiddy Port Redevelopment project in the lower harbour. The development, which will ultimately amount to an investment of around €100 million, will form an extension to the existing facilities that the Port currently operates in Ringaskiddy.
Securing future development potential for the Port of Cork, translates into significant economic benefits for Cork and the Munster region, as well as the national economy. 98% of goods imported or exported from Ireland are moved by ship, amounting to over €14 billion annually in Cork alone, highlighting the importance of ports to our economy.
This development is the first phase of the implementation of the Port of Cork’s Strategic Development Plan Review (2010), the core principles of which were endorsed in the National Ports Policy, which highlighted Cork as a Tier 1 port of national significance.
Phase 1 of the Ringaskiddy Port Redevelopment project is expected to be operational in 2018. The overall project will facilitate, on a phased basis, the Port of Cork in transferring cargo handling activities from Tivoli and the City Quays in due course.
The team at Philip Lee is looking forward to working together with the Port of Cork.