Funding for Falmouth Harbour Dredging Still on Table (UK)

Cornwall Council has not excluded funding the Falmouth Harbour dredging to the sum of £23 million, reports Carnwall.

Concerns have been raised about the use of public money for the project which is part of the Falmouth Port Masterplan. The main financial beneficiaries of the dredging would be private companies owned by multinational firms worth billions of pounds. Thus a question has been imposed as to why taxpayers’ money is being used to finance the scheme.

According to the Masterplan document, the “dredging of the main channel and deep water berth” would cost £23 million and indicates that the “potential funding source” would be Cornwall Council.

Cornwall Council stated that current £78 million has been allocated to the Falmouth Masterplan in its capital budget program, with £12 million of that coming from council resources. It stressed the allocation has not been linked to any specific project and is there to support the implementation of the masterplan alongside other funding sources. Councilor Chris Ridgers, Cabinet member for economy and regeneration, has also denied the council is set to pay the bill for the dredging however he has not excluded the possibility for the council to act as a vehicle for providing the £23 million needed for the dredging.

Nothing is off the table at the moment. We are still working out all the details and there is a commitment from the council to support the Masterplan,” he said.

Dredging Today Staff, March 23, 2012;

Share this article

Follow Dredging Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply