Dáil debates
Thursday, 18 October 2007
Drogheda Port Company.
3:00 pm
Noel Dempsey (Meath West, Fianna Fail)
It is my intention to give approval for Drogheda Port Company to enter into a joint venture agreement to develop a new port facility at Bremore in Fingal county, subject to the enactment of necessary legislation. I am advised that an amendment to the Harbours Act 1996 is necessary to enable the port limits of the Drogheda Port Company to be extended to include Bremore and to enable me to convey approval of the joint venture agreement. The joint venture proposal is in line with established ports policy. Subject to the necessary further feasibility, commercial and regulatory work, it also presents a unique opportunity to provide significant additional port capacity in a prime location on the east coast. It is intended to develop the new facility in a number of phases. The actual capacity of the first phase will be determined by the joint venture partners in the light of the further work referred to which has yet to be carried out.
As I indicated, an amendment to the Harbours Act 1996 will be necessary to enable the joint venture to be formalised, but the feasibility work I referred to can be put in hand in the meantime. More generally, the existing legislation is more than ten years old and requires updating. My Department has made substantial progress in preparing the heads of a new harbours Bill to support further implementation of ports policy and update existing legislation. I propose to seek early Government approval for the drafting of the Bill and intend to pursue its enactment as quickly as possible.
The joint venture will help to promote competition while relieving congestion at Dublin Port. The proposal is being advanced as a stand-alone project and is not dependent or linked to any relocation of capacity from Dublin Port.
No comments