€168m boost to slaughter sector

A €168 MILLION investment in beef and sheep slaughtering facilities is expected to boost Irish exports by €400 million and support 800 extra jobs by 2012.

€168m boost to slaughter sector

Yesterday, Taoiseach Brian Cowen announced details of 15 capital investment projects, which have been awarded Government grant assistance of more than €69m under the Department of Agriculture, Fisheries and Food’s Beef and Sheepmeat Investment Fund.

“The grant-aid is expected to contribute to an actual investment in projects in the region of €168m and the investments are expected to increase net sales and exports by €400m and ensure a net expansion in employment, with over 800 additional jobs being provided by 2012 when the investment package is due to be completed,” a government spokesman said yesterday.

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