Seafood Sector Investment to Create 140 Jobs

25th May 2012

#JOBS AND CAREERS - More than 140 jobs are expected to be created by 21 seafood processing companies nationwide thanks to a new €15.5 million investment deal.

As The Irish Times reports, Minister for the Marine Simon Coveney was set today to announce the investment, supported by grants of €3.2 million under European Union seafood processing business scheme.

Some 21 small and medium enterprises – based in coastal counties Dublin, Wexford, Cork, Kerry, Galway, Donegal and Louth – intend to create 142 jobs between them, and hope to see a €44 million increase in the sales of seafood products thanks to this investment.

Minister Coveney said the investment demonstrates confidence in the sector as an area of high growth potential.

For more on this story, Tom McSweeney examines the benefits of the deal for Ireland's marine sector in today's edition of This Island Nation.

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MacDara Conroy

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MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

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