Oireachtas Joint and Select Committees

Thursday, 16 December 2021

Joint Oireachtas Committee on the Implementation of the Good Friday Agreement

Engagement with Londonderry Chamber of Commerce and Foyle Port

Mr. Brian McGrath:

Yes, we got that far. It will probably cost more now than it would have if we had done it before when we could have. In relation to bang for your buck, you get a lot of return on this. While there is a need for some inherent infrastructure improvements around Greencastle on the land side, it naturally lends itself to putting a terminal, quay or whatever adjacent to the natural hinterland there. We previously estimated that this probably could be done in the order of between €30 and €50 million. While I hesitate to call it a modest amount of money against regional development budgets or the budget in the shared island fund, because it is a huge amount of money, it could invigorate an essentially underdeveloped - from both sides - asset and could do something significant in the eastern part of Inishowen. It would greatly enhance products in Derry and Northern Ireland as well.

Comments

No comments

Log in or join to post a public comment.