A Collaborative Approach

The Bremore Ireland Port project has been brought together through a partnership between Drogheda Port Company and Ronan Group Real Estate, who have carefully managed it since its inception. The location of Bremore was identified through extensive research several years ago as the last strategic location on Ireland's east coast for a world-class deep-water multi-modal port.

The project is supported by collaborating with global leaders in their respective fields. From Drogheda Port Company and Ronan Group Real Estate, who have provided the foundational partnership, to visionary architects Henning Larsen and the engineering excellence of Gavin & Doherty Geosolutions, our partners’ professional expertise and commitment are unparalleled.

The project’s integrity is further solidified through collaborations with globally recognised firms and many more partners, each contributing their knowledge and expertise. Our partners’ involvement underscores the robustness of the Bremore Ireland Port project and its alignment with international standards, EU policy and best practices.

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engagement

Engagement with Stakeholders

The project will engage with a wide range of stakeholders, including the newly established Maritime Area Regulatory Authority (MARA), the Government, state agencies, local communities, local councils and interested groups as the project progresses.

The collaboration amongst the partners and consultants working with Bremore Ireland Port, from the initial identification of its location to the present day, is a testament to the commitment of all involved to bring the project to fruition that will boost our national and regional economies but also contribute significantly to Ireland’s green energy objectives.

PAVING THE WAY FOR SUSTAINABLE GROWTH

Financial and trade forecasts point to a strong commercial and economic case for Bremore Ireland Port

€6bn

Potential commercial revenues across the first 30 years of operations

Base Case financial forecasts show that Bremore Ireland Port has the potential to generate significant commercial revenues and economic benefits for the local region and nationally. Given the scale of the upfront funding requirement, State and EU support would mobilise private sector investment, unlocking the significant economic potential for Ireland.

energy-hub

Ports as energy hubs will be an important competitive advantage in the future

The State’s renewable energy ambition requires a reorientation towards energy-export and energy-intensive activities. Ports will be integral in the transportation and distribution of new fuels and can support the green conversion by supplying electricity to visiting carriers of different modes of transport.

€350bn

Value of goods imported and exported from Ireland in 2022

Ireland is a highly open economy with a strong export market focus and a dependency on foreign trade to meet its demand.

5.7m

Projected population in ROI by 2040

The economy has a positive outlook with a population forecast to increase from 4.7m in 2017 to almost 5.7m people by 2040 (Project Ireland 2040 forecasts, noting a 5.15m population per Census 2022). This will mean that there will be more individuals and more companies, all of whom will demand more goods to meet their needs, and more firms exporting more goods for the global market.

90%+

Ireland’s internationally traded goods (volume) transported by sea

Being an island, Ireland is dependent on ports to facilitate trade and ports have a critical role in facilitating economic growth.

45%

Ireland’s GDP attributable to the Greater Dublin Area

An efficient supply chain requires port capacity close to the origin and destination of the country’s importers and exporters. Dublin Port has indicated that it would reach its capacity around 2030, which necessitates the creation of additional port capacity on the east coast.

DISLCAIMER: The information contained in this website is based on key inputs including i) Publicly available information, ii) demand forecasts undertaken by Black Quay Maritime Consulting Pty Ltd (an independent specialist port planning and maritime consultancy) on behalf of EY, iii) Information provided by Bremore Ireland Port, and iv) analysis undertaken based upon assumptions made about circumstances and events that have not yet taken place. Accordingly, there can be no assurance that the projected results will be attained and no representation or warranty whatsoever is given in relation to the reasonableness or achievability of the projections. While we have reviewed for reasonableness, we have not verified the accuracy of the data, information and explanations which is provided by BremoreIreland Port Ireland whom are solely responsible for this data, information and explanations. This document was prepared on the instructions of our client (RGRE DevCo 3 Ltd) and should not be relied upon for any other purpose. Our report may not have considered issues relevant to any third parties. Any use such third parties may choose to make of our report is entirely at their own risk and we shall have no responsibility whatsoever in relation to any such use.

Project Timeline

The Bremore Ireland Port project was reinitiated in 2019. Since then, significant milestones have been achieved, including completing the project plan, demand design, procurement phase, and funding and planning assessments.

The project aims to submit a comprehensive planning application by 2026/2027, following an inclusive public consultation process. Engaging with port users and stakeholders will shape the project’s adaptable and integrated design. The initial berths are anticipated to be operational between 2028 and 2030, subject to planning outcomes.

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