Funding required to drive Cork's docklands development

The Penrose Dock office development on Cork's North Docks.

Government funding must be allocated to the new Cork Docklands Delivery Office to ensure the delivery of necessary infrastructure to attract investment, Cork Chamber has said.

The Chamber's CEO Conor Healy said Cork has an opportunity to deliver concentrated development across its docklands. He was reacting to the announcement of US technology firm Qualcomm, which is establishing a new research and development centre in the Penrose Dock offices, investing €78m over the next four years.