#PORTS & SHIPPING – Irish Ports are to be reviewed by an in-depth Government Plan to see how funding expansion of the nation's ports can be carried out through the private sector. The Government have ruled-out selling strategic port facilities to fund such projects.
Transport Minister Leo Varadkar said that a study by the Competition Authority into Ireland's ports would also examine whether Dublin Port had an economically dominant position. Minister Varadkar said that "Dublin Port is hugely successful with 40% of our GDP going through it."
He said that "part of our study will look at whether it is profitable because it is dominant or because it is very competitive."
Minister Varadkar said that "Dublin Port is hugely successful with 40% of our GDP going through it" and added "part of our study will look at whether it is profitable because it is dominant or because it is very competitive."
For more on this story as reported by RTE News click HERE.
