Business Services

£49m integrated fishing development hub ready and waiting

Fishing port - Peterhead Port Authority is waiting to hear if an application for a grant has been successful - SantanderCB

Peterhead Port Authority is waiting to hear if an application for an EMFF grant of £7m toward the cost of realising its goal of initiating a £49m development project in the north and south harbours has been successful. 

In addition to its own resources, PPA has also secured financial backing from Santander.

Following full engagement with market staff, PPA, together with consultant engineers Arch Henderson, plans for a new extended fish market with a working capacity of 9,000+ boxes were finalised in 2014.

The market will be part of a bespoke and fully-integrated fish landing.

PPA chief executive John Wallace said: 'This project makes a strong and very positive statement of intent that Scotland's fishing industry is on its way back.'


Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

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