Spanish and Irish ports receive €2.4bn in EU funds

The European Union has raised in the region of €2.4bn to finance some 100 port projects in both Spain and Ireland Photo: Yanni Koutsomitis/flickr/CC BY 2.0 The European Union has raised in the region of €2.4bn to finance some 100 port projects in both Spain and Ireland Photo: Yanni Koutsomitis/flickr/CC BY 2.0
Industry Database

A European Commission report has revealed that the European Union has raised in the region of €2.4bn to finance some 100 port projects in both Spain and Ireland, as well as boosting the maritime economy in more peripheral regions of the trading block.

A report shows that, since the plan to support regional areas was introduced in 2013, €6bn had been raised by 2017 to finance around 1,200 projects within the EU, the majority of which concerned the environment, innovation, connectivity and social inclusion.

The plan encompasses five countries: France, Ireland, Portugal, Spain and the UK and their ultra-peripheral regions.

LATEST PRESS RELEASES

TRELLEBORG TAKES ITS NAVIGATION AND PILOTING OFFERING TO THE MAX

Trelleborg’s marine systems operation has bolstered its industry leading navigation and piloting off... Read more

WARRENPOINT PORT CEASES REVISED DREDGING PROPOSAL

Warrenpoint Port will no longer pursue proposals to change how it deals with dredged material. Read more

ShibataFenderTeam supports PIANC Young Professionals

As one of the world's leading fender specialist, we consider it our responsibility to do our part fo... Read more

NEW CRANE ENTERS SERVICE AT WARRENPOINT PORT FOLLOWING £3 MILLION INVESTMENT

Warrenpoint Port has commissioned a new crane and has commenced the refurbishment of two other crane... Read more

View all