Deputy Frank Feighan has welcomed the allocation of €476,000 for the Carrick-on-Shannon to Battlebridge Blueway project.
The funding is part of an overall €885,000 package announced by Minister for Rural and Community Development Michael Ring TD to three projects in Sligo, Leitrim and South Donegal under the Rural Regeneration and Development Fund for 2020.
Deputy Feighan said that “I am delighted to see that Minister Michael Ring has awarded funding of €185,000 to the Ballyshannon 2040 ‘Back to Ballyshannon Plan’, €476,000 to the Carrick-on-Shannon Battlebridge Blueway project in Co. Leitrim and Co. Roscommon and €222,000 to the Tubbercurry Regeneration Project 2020.
“This announcement relates to Category 2 of the Fund which sets out to provide seed capital funding for strategic, large-scale projects which will assist in delivering town and village regeneration and contribute to economic development and recovery. The funding provided will allow for further development of the projects to take place, such as detailed design, property acquisition or to prepare for the planning and procurement processes. The funding provided will enable projects to reach a stage where the concept is developed to a high standard and the project is in a position to commence works”.
“The Rural Regeneration and Development Fund represents an unprecedented opportunity to deliver the scale of investment necessary to allow rural communities to further develop and prosper. This investment is more important than ever to help address the challenges arising from the COVID-19 crisis and to drive economic recovery and sustainable development in rural areas”.
“The Category 2 funding Minister Ring announced today is for projects that require further development to make them ready for construction. There can be significant work and expense involved in getting projects to the point where they are ready to be delivered. This support is critical to ensure that a pipeline of ambitious regeneration projects are ready to hit the ground running in the future”.
(Image via Bluewaysireland.org)