Waterford Council approves landmark airport investment proposal
The proposal was accepted at the meeting on Monday.
At a Special Council Meeting held today, Monday, October 20, Waterford City & County Council approved a landmark investment proposal that will secure the future of Waterford Airport and deliver a transformative €30 million redevelopment project – fully funded through private investment.
The proposal, which was brought forward by the Bolster Group and is being advanced through a new company, Waterford Airport Ltd (WAL), will deliver the full Airport Development works set out in the existing Business Plan, without the need for Government funding.
This includes a major runway extension and infrastructure upgrades that will enable the return of commercial passenger services to the airport.
Cllr. Seamus Ryan, Mayor of Waterford City and County, welcomed the decision, saying: “This is a historic day for Waterford and for the entire South East. Waterford Airport is a critical piece of regional infrastructure, and I am confident this €30 million investment will lead to a return of commercial air services to Waterford."
"This represents a huge vote of confidence in Waterford and is a game changer for the region. It will help us attract further inward investment, create jobs, drive tourism and bring the South East closer to the world," said Cllr Ryan.
