Fianna Fáil TD for Cavan and Monaghan, Brendan Smith, has lauded the signing of contracts for Phase 2 of the Ulster Canal Redevelopment, adding that the finished project will “considerably enhance” local tourism.
Deputy Brendan Smith commented, “This project includes the development of a new Marina, two new access bridges and the provision of an amenity area, restoration of 1km of canal and development of a looped walk. These substantial works which will begin shortly will be completed in 2023.”
The Cavan and Monaghan TD continued: “The recent announcement by the Taoiseach of a further €40 million for Phase 3 of the Restoration of the Ulster Canal is critical in advancing this entire project which will also be funded through the Department of Housing, Heritage and Local Government and the Department of Rural and Community Development.
“The restoration of the Ulster Canal is a major cross border project which will considerably enhance our tourism product at a local level, providing a new amenity for local residents and visitors, will generate economic activity and assist in job creation. This waterway will also be an integral part of our All Ireland navigable inland waterways network which is a powerful natural resource and such a key part of our national tourism infrastructure and attraction.”
Deputy Smith added: “In this area we have all seen the benefits of developing the Erne/Shannon Waterway which was an extremely forward-looking project and undertaken at a very difficult time on our island in the early 1990s. Linking up these waterways will be a further welcome tourism attraction bringing benefits to many parts of our island.
“The very significant funding allocated under the Shared Island Fund, initiated by the Taoiseach, demonstrates clearly the potential of this initiative to develop cross-border and All Ireland projects for the benefit of all the people of this country. The border region will be a major beneficiary of such investment,” concluded Brendan Smith TD.