Belfast Harbour is set to invest £313 million over five years, enhancing housing and cruise ship facilities while boosting local economic growth.
Belfast: Big news for the city! Belfast Harbour just announced a massive £313 million investment plan. This will unfold over the next five years and includes new housing and improved cruise ship facilities.
The plan, called Advance Regional Prosperity 2025-2029, aims to boost the local economy. They’re looking to invest £208 million in port improvements and £105 million in the Harbour Estate’s development.
One of the highlights is a £90 million deepwater quay. This will allow the port to welcome some of the largest cruise ships. Plus, it’ll help with offshore wind turbine assembly.
They expect to finish the first stage of the quay by 2027-28. This will really help boost cruise tourism, which is already worth around £20-25 million to the local economy.
By 2030, the second stage will further enhance the port’s infrastructure. This will position Belfast as a key player in the clean energy sector, especially for floating offshore wind turbines.
The strategy has four main goals: economic growth, port development, creating vibrant living spaces, and innovating for a sustainable future.
Other exciting projects include new eco-friendly cranes and plans for sustainable warehouses. They’re also looking to introduce self-driving vehicles around the port.
On the housing front, they plan to develop City Quays 5, which will include offices, retail, and hospitality spaces. They’re also moving forward with plans for 325 homes, including affordable options.
By 2029, they aim to have autonomous passenger vehicles running, making it easier for people to get around. This will connect public transport to local businesses and attractions.
Dr. Theresa Donaldson, Chair of Belfast Harbour Commissioners, emphasized the importance of this investment for the local economy. She believes it will enhance Belfast’s reputation as a leading port.
Joe O’Neill, the CEO, echoed her sentiments, stating that this strategy will benefit everyone in the region. It’s all about driving prosperity and meeting the needs of the community.
Local leaders, including Conor Murphy, Minister for the Economy, welcomed the plans. They see this as a step towards creating good jobs and achieving net-zero goals.
Overall, it looks like Belfast Harbour is gearing up for a bright future, and the community is excited to see the positive changes ahead!
