Displaying items by tag: Approved Funding
Manx government funding has been approved for a £38m passenger ferry terminal in Liverpool despite costs spiralling by more than a fifth.
The project according to BBC News, which received planning permission in April, will cost £6.5m more than originally estimated.
The need for "additional structural and construction work" on the site and the quay walls have been blamed for putting up costs.
Tynwald members approved the investment despite a bid to adjourn the debate.
Kate Beecroft MHK had called for "more time" to consider detailed information about the development, which had been given to politicians.
But Infrastructure Minister Ray Harmer said a delay in granting funding could leave the island's ferries unable to sail to Liverpool during the 2021 season.
For more on this Merseyside port related development click here.
