Dublin Port has launched its ‘Masterplan 2040 Reviewed 2018’ to provide several updates on a 2012 outline of the port’s long-term development and growth.
Key changes to the 2012 plans include an increase in the port’s annual growth rate from 2.5% to 3.3% — a 17 million tonne increase in port capacity, and the ruling out of any eastward expansion into the Dublin Bay area.
Another revelation was that the second major Masterplan project (MP2) [LD1] would reach its planning stages before the end of 2018. This initiative has been formulated to create additional capacity on the north side of the port.
The report, the culmination of an 18-month review period, involved both extensive public consultation and major environmental studies.
It also features a review of the building of a new Southern Port Access Route (SPAR), which aims to provide access between the Dublin Port Tunnel and the south port lands.
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Dublin Port achieved positive financial results in the first half of 2018, with an overall growth of 5.2%.
The port’s container volumes also increased by 5.8% to 356,000 TEU between January and June.
Eamonn O’Reilly, Chief Executive of Dublin Port, commented on Masterplan 2040 Reviewed 2018: “We have identified a series of projects which will bring the Port to its ultimate capacity by 2040 and, in doing this, support the objectives of Project Ireland 2040.
“Achieving sustainability is a considerable challenge and we are committed in Dublin Port to doing that in the case of port operations.
“Critically, the Masterplan provides certainty on the ultimate extent and environmental impact of the port.”
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