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Dublin Port is responding to higher than expected growth by increasing investment in facilities from 600 million to 1 billion euros over the next 10 years.
The move comes as the port announced exceeded first-half freight volumes by increasing its average annual growth rate projections from 2.5% to 3.3% for the 2010-2040 period.
The publication of the details of its revised master plan, Dublin Port, indicated that by the end of this year, it would have recorded a growth of In the master plan, the port's capacity must be increased to reach a maximum capacity of 77 million gross tonnes by 2040 instead of the 60 million gross tonnes originally proposed in 2012.
The port has indicated that the capacity will be completed without further filling in Dublin Bay.
Dublin Port General Manager Eamonn O. Reilly said that while the organization was making plans to deal with Brexit, it would not leave the uncertainty around the Grande exit Britain of the European Union to distract it as it focuses on the development of long-term plans for the port
Masterplan revised
the figures for the first half of 2018 show a growth of 5.2 %, with an increase in imports and exports.
Ro – ro freight increased 4.6% to 508,000 units in the first half and is on track to move one million units for the first time by the end of 2018. Port container volumes increased 5.8 percent to 356,000 equivalent units at twenty feet.
Imports of new commercial vehicles increased by 11.7 per cent, with nearly 63,000 units pbading through the port.
Tourism volumes are also ahead, up 2.7 percent over the previous year, with the number of ferry pbadengers reaching nearly 800,000. The number of cruise ships that made port call has increased from 14 to 64 in the first half compared to the same period a year earlier.
Finally, imports of petroleum products and animal feed resulted in a growth of 3.4% million tonnes.
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