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Budget Dishes Up €11.5m For Fishery Harbour Works

14th October 2014
Budget Dishes Up €11.5m For Fishery Harbour Works

#budget2014 – The Minister for Agriculture, Food and the Marine Simon Coveney TD today announced details of his Department's 2015 budget. Emphasising that despite the fragile recovery in the economy, he had secured an increase in funding for the first time since 2009. Included in the funding of the Marine sector is the sum of €11.5 million devoted to the new seafood development programme 2015, while a further €11.5 million of capital funding will be invested in fishery harbour capital works, which not only adds value and improvement to these harbours but also contributes heavily to the local economies of the areas concerned. Some €6.3 million is allocated to investments in aquaculture and fish processing projects, while close to €47million is allocated to fund the marketing and development functions of BIM, the research role of the Marine Institute and the regulatory and control functions of the Seafood Protection Authority.

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