The Port of Cork CEO Brendan Keating has warned that investment in shipping infrastructure is key to offsetting the effects of Brexit in the southern region of the country.
As EchoLive reports, Mr Keating told the Construction Industry Federation Southern Construct conference that the Port, which had a €35.4 million turnover in 2018, will be hit by Brexit with decreased agricultural activity projected and a reduction of dry bulk goods being shipped and must adapt to new trends in international shipping.
“The region is highly dependent on international growth in the achievement of economic growth and highly dependent on international shipping,” Mr Keating said.
“We must continue to invest in port infrastructure,” he added.
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