Belfast Harbour Launches $1.75 Billion Masterplan to Boost Trade Capacity
Belfast Harbour has unveiled a 25-year Masterplan, titled 'Horizons of Opportunity', which outlines a £1.3 billion ($1.75 billion) investment to enhance its infrastructure and trade capacity. The plan aims to increase trade volumes from the current 24 million tonnes to over 30 million tonnes by 2050, with potential growth up to 50 million tonnes under high-growth scenarios. The Masterplan includes projects such as a new container terminal, land reclamation, and the development of a logistics park and clean energy hub. These initiatives are designed to position Belfast Harbour as a key maritime gateway on the Dublin-Belfast Economic Corridor, ensuring it remains competitive and resilient in the face of increasing demand for trade.