A Government commissioned report aimed at reviving the declining fishing port of Killybegs has been published.
It says the offshore oil and gas sector has the biggest potential for expanding economic development there.
The report by a steering group set up by the Department of Agriculture, Fisheries and Food said the port could be established as a strategic storage container depot for the northwest and for ports in the south and east coast.
The report also said fishing continued to be an important industry for the port.
Minister for Agriculture, Fisheries & Food Mary Coughlan launched the Killybegs Fishery Harbour Centre Marketing Strategy this afternoon.
She said the Government is committed to making the report a reality.
Minister Coughlan said there was ring-fenced funding for the project and the key to making it work was for everyone involved to pull together.
Art Kavanagh of Killybegs Chamber of Commerce said it was a good day for Killybegs and he hoped the strategy would return the town to its former vibrancy.
The report focuses on attracting new business to the port where a new €50m pier was opened just four years ago.
It also recommends new auction and landing facilities to reaffirm Killybegs as the country’s number one fishing port.
