Dáil Éireann Debate, Thursday - 25 April 2024
139. Deputy Martin Kenny asked the Minister for Transport for an update on the circa €90 million redevelopment of existing port facilities at Ringaskiddy to accommodate larger sea-going vessels and increase capacity at the Port of Cork as outlined in the National Development Plan; and if he will make a statement on the matter. [18478/24]
View answerThe Port of Cork Company’s Ringaskiddy Redevelopment Project was completed in 2021 and became operational in April 2022. This €90 million Cork Container Terminal (CCT) was officially opened by my predecessor, Minister Hildegarde Naughton, in September 2022.
The new 360m-long quay has a 12.4m depth of water, meaning it is capable of handling large container ships up to 300m long and 16 containers wide. The development will enable the Port to increase capacity and throughput, accommodate larger vessels and further develop it as an international gateway for trade.
The completion of the project represents the first phase of the Port’s Strategic Development Plan and capital investment program which will see new cargo handling equipment, an extension of the deep-water berth, and a further extension of Ringaskiddy over the coming years.
The project was part-funded by the Connecting Europe Facility (CEF) which is European grant funding along with finance from the European Investment Bank, AIB and Ireland Strategic Investment Fund.
