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Foynes Port Company to Get Grant of €4m from EU for Development Works

15th December 2017

#ShannonEstuary - Another boost this week for Shannon Foynes Port Company, is the news that funding worth more than €4m is on the way from the European Union.

As the Limerick Leader writes the company has been cleared for almost €4.5m in EU transport funds, which will be used for further development work at the Foynes facility.

Two years ago, SFPC received over €3m from the same fund. This time, the grant has been allocated to join existing jetties at Foynes, infill an area behind these jetties, and develop 90 acres of land for ancillary port storage and port-related activities.

MEP Deirdre Clune, a member of the EU transport committee, said it was a vote of confidence in Limerick.

For more on the story click the link here.

Published in Shannon Estuary
Jehan Ashmore

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals. 

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Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.