The Port of Cork has confirmed it has got the backing of the Ireland Strategic Investment Fund (ISIF) for the multimillion-euro redevelopment of Tivoli docklands for new houses, offices and shopping centres.

Delays in appointing directors to the Port of Cork have the potential to stifle its development, it has been claimed.

ANGRY IFI workers will discuss a possible sit-in at a Co Cork plant today, following news that their redundancy packages will not be increased.