Lack of tax aid blow for docks

THE Construction Industry Federation (CIF) has expressed its shock that tax and other incentives, designed to support the Cork Docklands project have been delayed for another year.

Joe O’Brien, director of the southern region of the CIF, expressed his dismay at the report in yesterday’s Irish Examiner that the Cork Docklands project might have to wait another 12 months before any tax incentives are put in place to help fund the development.

He could only look with dismay at the statement by junior minister Noel Ahern to the Dáil last week that much needed to be done locally before the funding could be authorised.