The commercial State ports receive no Exchequer funding and fund all their activities through their own resources, financing, or if successful, through EU programmes. The non-Exchequer capital expenditure at the ports is set out below:-
State Ports Non Exchequer Capital Expenditure:
-
|
Port of Cork
|
Dublin Port
|
Shannon Foynes Port
|
Port of Waterford
|
Rosslare Europort
|
2018
|
€12,403,302
|
€87,380,000
|
€853,365
|
€784,044
|
€1,410,000
|
2019
|
€15,360,235
|
€78,125,000
|
€1,256,079
|
€1,596,598
|
€1,420,000
|
2020
|
€31,000,000
|
€59,039,000
|
€1,526,000
|
€347,000
|
€1,150,000
|
2021 Projected
|
€17,920,000
|
€83,700,000
|
€11,900,000
|
€2,400,000
|
€3,740,000
|
In line with National Ports Policy and Project 2040, the three Tier 1 ports (Dublin, Cork and Shannon Foynes) have ambitious development masterplans outlining their infrastructure development over the next 30 to 40 years which will play a major role in safeguarding and enhancing Ireland’s international connectivity in years to come. They will provide for future increases in trade and national port capacity requirements by facilitating more vessels, larger vessels and increased tonnage and throughput.
While the Port of Waterford currently has no major infrastructure development underway, it completed a Master Planning process in 2019 to position itself for growth in the future.
Rosslare Europort is operated on a commercial basis as a division of Iarnród Éireann with all investments funded from port revenues. Iarnród Éireann and Rosslare Europort’s strategic development plans for the port includes investment plans for €35 million over the next five years, in customer facilities, port infrastructure, freight facilities, port assets, new technology and linking the new entrance of the port with the proposed new port access road; work on this commenced in late 2020.