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Bidding for Irish Deepwater Port
01 Dec 2005
Drogheda Port Company announced on 9 December that it is commencing an open competitive process for a joint venture partner for the development of its Bremore Deepwater Port in the Greater Dublin Area.
This project represents the most exciting port infrastructural project in the country and is designed to address the national capacity deficit forecast by Government in unitised trade to and from Ireland. The company is one of Irelands most progressive Semi State multi modal Ports, handling 1.3million tonnes annually.
Following consistent traffic growth at Drogheda Port and having identified future shortfalls in unitised port infrastructure for its customers and the Irish shipping industry, the company has carried out extensive feasibility studies in conjunction with its consultants, Goodbody Stockbrokers, Matheson Ormsby Prentice and Baxter Eadie UK Ltd, which has culminated in a completed business plan to develop a new deepwater port facility at Bremore, County Fingal in the Greater Dublin Area.
The new deep-water port location is on Ireland's east coast central shipping corridor with direct motorway access to the key Irish markets, north and south. The port will operate on a flexible 24/7 basis.
In January 2006, Drogheda Port Company in conjunction with its advisors will commence an open competitive process for a joint venture partner for this major port development.
Background project details can be found at www. droghedaport. ie
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