In the published review of the seaports in the Shannon Estuary the consultants recommended that the location of the headquarters of the new single port company would be a matter for the new executive but that operational management should be located at Foynes while Limerick should house the administrative and commercial responsibilities.
My view as a shareholder was that a speedy determination was needed as to where the headquarters and executive location for the new port company should be. The reality is that out of the combined business of the two companies the facilities over which the most business influence can be exerted by the new single port company is at Foynes. Also, the thrust of Government policy is away from centralisation in the major towns and cities. I explained this fully to the boards and management of the two port companies when I visited them recently.