Two boats that fish in Killybegs to receive more than €12m (£10. 4m) in grants from the Irish government. This money is part of a larger €50m (£43. 3m) investment in the port.
The port in west Donegal is a very important place for fishing in Ireland.
The fishing industry in Ireland was greatly impacted by the Brexit agreement between the EU and the UK.
The government has created a fund with support from the EU to lessen some of the effects.
Gallagher Bros and Killybegs Seafoods, who sell fish, have received the most money from the program – a total of €12. 1m (£105m) They are using a total of €31m (£26. 8m)
Bord Iascaigh Mhara (BIM), the seafood development agency, explained that they are investing in Killybegs to make it a better place for fishing boats to bring their catch. This will help prevent the fish from being taken to other countries like the UK, mainland Europe, Norway, Iceland, and the Faroe Islands.
David Gallagher, who is a director at Gallagher Bros, stated that the funds will be used to buy new equipment so that we can automate our processing tasks and also enhance our energy efficiency.
“He said that we were going to upgrade our plans before Brexit happened, but then everything stopped. ”
The Brexit Process Capital Support Scheme grant from BIM gave us the boost we needed to be more bold.
“We feel really happy and enthusiastic about what lies ahead. “
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Irish government grants Donegal fishing industry €12 million
