State still committed to funding for Waterford's North Quays

Saturday deadline looms for development company to sign terms for pivotal site after providing evidence of €355m funding

Caption: Artists impressions of the proposed redevelopment of the Waterford North Quays.

The €80.6m in State funding pledged for the regeneration of Waterford's North Quays is still committed to the project, according to the Department of Housing.

The money is considered to have "increased importance" in the aftermath of Covid-19's economic impact, and is viewed as a potential catalyst for the renewal of Ireland's regional cities, a spokesman said.