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Displaying items by tag: privatisation

#COASTAL NOTES - Northern Ireland's only aquarium could be privatised, according to the News Letter.

Ards Borough Council is reportedly considering its options for the future of Exploris, the aquarium and seal sanctuary in Portaferry that celebrates its 25th anniversary this year.

Plans were made four years ago to transfer ownership to English aquarium group Blue Reef Leisure, but the deal fell through when that firm was aquired by Spain's Aspro.

Now the council has announced it is calling for proposals for private investment in the Exploris facility - which costs around £500,000 (€600,000) a year to run - following "renewed interest from the public sector".

The move aims to "establish a clear direction for the future of Exploris", which houses one of Northern Ireland's top 10 visitor attractions in its popular seal sanctuary.

The News Letter has more on the story HERE.

Published in Coastal Notes

Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.