Oireachtas Joint and Select Committees
Wednesday, 15 June 2022
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Offshore Renewable Industry Forum and Ireland’s Offshore Wind Industry: Discussion
Mr. Noel Cunniffe:
When we talk about tens and even hundreds of millions of euro in terms of port investment, people can often think this is a staggering figure. To put that in context, any one of these projects that are being developed around our coast line will be investing between €1 billion and €2 billion - €1,000 million and €2,000 million. When we talk about a €100 million investment in a port, it might sound like a lot of money but these ports will be servicing these projects that involve multiples of that figure. They will benefit from that for years to come.