Waterford needs millions to develop ‘joke’ port

THE Port of Waterford has told Transport Minister Martin Cullen it needs seed funding of several million euro from the Government to expand its facilities at Belview and allow it cater for increased business.

It described its facilities as “a joke” and said major investment is needed at the site. Port of Waterford Company chief executive Stan McIlvenny says the port could move tomorrow to expand its infrastructure at Belview, provided it received this vital seed funding from the Government.

Mr McIlvenny said the Port of Waterford needed seed capital because the costs of the infrastructure were so high.