Irish property developers Comer Group International and Bolster Group are set to invest €30 million (£25.7 million) in the development of Waterford airport, in south-eastern Ireland.
Partly private and partly funded by central and local authorities, the investment is set to put the airport on the international flight map by delivering an extended runway, which will have the capacity to serve large and mid-size aircraft.
As part of the development plans, Waterford airport will operate services to summer and winter destinations, with London set to be the first.
“An extended runway would really help to boost the whole region’s international connectivity, benefitting both Irish and international passengers for years to come,’ said prime minister Leo Varadkar.
“Improved connectivity through Waterford Airport would make the south east an even more attractive place in which to live, work, do business and raise a family. It would also help to open up this beautiful region to many more visitors.”
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