Displaying items by tag: Brexit Adjustment Fund
Government Approves €200m Expansion of Rosslare Europort
An expansion of Rosslare Europort to cost €200m, which will Brexit-proof the ferryport facility, has been given the green light.
The Cabinet writes the Irish Examiner, has signed off on a significant development of the port, which is necessary to provide permanent Brexit infrastructure that will ensure compliance with EU customs and will provide protection for the EU single market.
Speaking after the Government meeting, Minister for Public Expenditure and Reform, Michael McGrath said: “This is a vital development to ensure Ireland can effectively manage the new requirements for checks and controls on trade with the UK.
"It will facilitate trade at the port and support other exciting opportunities being developed for Rosslare and the South East."
Funding for the development will be claimed under the Brexit Adjustment Reserve.
Afloat adds, earlier this year, Rosslare Europort which is operated by Irish Rail (Iarnród Eireann) announced an investment plan to establish an offshore renewable energy (ORE) hub with the potential creation of 2,000 jobs.
