Market Leads & Opportunities
Peterhead port to go ahead with £50million development plans
Peterhead harbour’s £50million redevelopment plans are to go ahead after £5million of European Union and Scottish Government funding.The port’s ambition to deepen the inner harbours and create a bigger fish market was among 65 Scottish projects sharing an £11.4million pot announced by Fisheries Secretary Fergus Ewing yesterday.The government has chipped in £5.5million to top up a £5.9million allocation forming part of a first round of European and Maritime Fisheries Fund payouts.Grants made under the funding programme range from PPA’s £5million to £960 to support a Shetland project focused on insulated containers.The second biggest award, totalling nearly £624,000, was for a Seafish-run safety training scheme.Mr Ewing said the payouts could lead to a total investment worth up to £48million in sea fisheries, aquaculture and processing industries.He confirmed then during a visit to the Scottish Shellfish Marketing Group in Bellshill, North Lanarkshire, which has previously received £580,000 of EU-backed funding to upgrade its facilities.
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