23/07/13

17/07/2013 – Minister McGinley TD welcomes new BIM 2013-2017 strategy and over €2.5 million in new investment this year for Donegal seafood processing companies

Wednesday 17th July 2013 Dinny McGinley TD, Minister of State at the Department of Arts, Heritage and the Gaeltacht welcomed the award of over €735,000 in grant aid to seven seafood processing companies in Donegal under the 2013 Seafood Processing Business Invesment Scheme. Taken in conjunction with private sector investment, the total investment will be over €2.5 million in 2013.

Welcoming the news by his colleague, Simon Coveney, T.D., Minister for Agriculture, Food and the Marine, Minister McGinley added that this announcment which sets targets for the overall creation of 1,200 additional jobs, aligned to a total sales value of €1 billion of which exports will form €650m by the end of 2017 was “significantly good news for local business in Donegal which has a well known reputation for seafood processing and this grant aid would ensure the sustainability and competitiveness of such an industry into the future while also ensuring the retention of jobs”.

2013 Grants approved under the seafood processing business investment scheme in Donegal

Company name

Investment

Grant

Premier Fish Ltd

160,000

32,000

Island Seafoods Ltd

119,000

35,700

Artic Fish Ltd

140,000

42,000

Charlie Vial (Fish Merchant) Ltd

84,658

25,397

Sean Ward Fish Exports Ltd

974,875

292,462

Proseail An Clochan Liath Teo

91,007

27,302

Eargail Eisc Teo

935,000

280,500

2,504,540

735,361

ENDS

Department of Culture, Heritage and the Gaeltacht, 23 Kildare Street, Dublin , D02 TD30. Tel: 01 631 3800 / LoCall: 1890 383 000

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