£10 million Pendennis shipyard redevelopment a 'big step forward'

11:10am Monday 30th April 2012

NEWS that the £10 million redevelopment of the Pendennis shipyard can go ahead has been welcomed as a big step forward in the transformation of Falmouth.

As reported in the Packet, the work could create up to 120 jobs and is seen as the first major stage of the Port of Falmouth Masterplan to get given the green light.

David Ellis, chairman of Falmouth Harbour Commissioners, said: “We are delighted to see the regeneration of our port moving forward.

“Much has been achieved in the first year – a new £1.3 million crane has been installed and is working at A&P, and Falmouth Petroleum Ltd has begun a long-term programme of capital investment to transform its terminal into a facility of the highest compliance standards in the UK.

“Just last week we celebrated the launch of the first wave energy device at FabTest, which is a real success story for the port as the device was manufactured by A&P Falmouth and is now being tested in Falmouth Bay. FabTest demonstrates a commitment to the renewables aspirations set out in the Masterplan as part of its aim of future-proofing the port.

“These initiatives have the potential to make a real positive impact on the Cornish economy and will position Falmouth to benefit from new business opportunities, including the offshore renewable energy sector, which in turn will create hundreds of jobs.”

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