Tax incentive a step to kick-starting docklands

A TAX incentive scheme announced in the budget has been described as a small step towards kick-starting the multi-billion regeneration of Cork’s docklands.

But opposition parties and business leaders demanded further action and commitments from the Government to get the ambitious project, which has the potential to create thousands of construction jobs, off the ground.

Cork Chamber also criticised the fact that State supports for a crucial piece of infrastructure — the Eastern Gateway Bridge designed to open up the south docks — were not included in the budget.