Port of Cork demands up to €65m for relocation

THE Port of Cork is demanding a €60 million to €65m relocation package to leave the city centre quays to enable the €2 billion-plus city council-backed development of the docklands to proceed.

Port of Cork chief executive Brendan Keating said yesterday it is looking for Cork City Council to secure the funding package, which will be used to finance replacement facilities following the rollout of the Docklands development project.

He said the port is in discussions with Cork City Council on the matter.