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03/07/2015
Belfast Harbour To Invest £120m In Infrastructure Projects
Belfast Harbour is to invest £120m in new infrastructure projects over the next three years.
Figures recorded in the Harbour's 2014 annual report revealed that turnover increased by 4% to £52.6m, while Profits before Tax climbed 8% to a record £29.4m.
The Harbour also paid £10m in tax during the year.
David Dobbin, Belfast Harbour's Chairman, said: "The Harbour's strategy of long-term investment for long-term growth has served us well. This will continue through a pipeline of capital expenditure projects totaling £120 million.
"Projects include a bespoke cruise facility and addressing the continuing shortage of Grade A office accommodation in Belfast by further developing the City Quays scheme. Last week the Board approved a £20 million spend on the City Quays 2 building."
(CD/JP)
Figures recorded in the Harbour's 2014 annual report revealed that turnover increased by 4% to £52.6m, while Profits before Tax climbed 8% to a record £29.4m.
The Harbour also paid £10m in tax during the year.
David Dobbin, Belfast Harbour's Chairman, said: "The Harbour's strategy of long-term investment for long-term growth has served us well. This will continue through a pipeline of capital expenditure projects totaling £120 million.
"Projects include a bespoke cruise facility and addressing the continuing shortage of Grade A office accommodation in Belfast by further developing the City Quays scheme. Last week the Board approved a £20 million spend on the City Quays 2 building."
(CD/JP)
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