Great news for the construction sector.
The Dublin Airport Authority has announced that it will build a new runway at a cost of €320m, with more than 1,200 jobs to be created as a result.
Dublin Airport had received planning permission to build a new runway 1.6km north of the existing main landing strip back in 2007, but the economic downturn saw those plans put on ice.
The North Runway project could potentially open up new destinations in Asia, Africa and South America.
“We are very conscious of balancing the national and business needs with those of our local communities and we will continue to work closely with our neighbours in relation to this project,” Chief Executive of the DAA Kevin Toland said in response to 31 conditions attached to the granting of planning permission.
The DAA warned, however, that two of the conditions “would severely reduce the future operational capacity of the airport at key periods.”
Paschal Donohoe, the acting Minister for Transport, welcomed the news.
“In recent years, Dublin Airport has experienced a strong and sustainable return to growth,” he said.
“However, in order to capitalise on this growth and sustain it into the future, we need to put in place the appropriate airport infrastructure.”
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