The Bantry Bay Port Company, which commissioned the report, say they hope it will act as a catalyst for the future development of the Cork town, and underpin efforts to secure funding to realise the vision.

More than 60 householders and business owners, whose properties had been severely flooded nearly three years ago, will this week examine proposed “preferred flood relief options” for their area.

A man in his 30s was shot dead close to the Cork town of Blarney this afternoon.