DONEGAL’S long coastline perfectly positions it to capitalise on growing opportunities in the new global blue economy, it is claimed.
The blue economy includes aquaculture and marine engineering – and the county is poised to cash in, say experts.
Their confident assessment about Donegal’s coastline, including the likes of stunning Ballymastocker Bay (pictured) in Portsalon, was trumpeted in Letterkenny last week at a conference on this developing aspect of global finance.
Speakers at the Build the Blue Economy: Aquatech and Engineering Breakfast Workshop on September 9 insister the Donegal and the wider North West designation can benefit from the new emerging opportunities.
Donegal’s coastline is perfectly for global blue economy, it is claimed. Picture shows (L-R): Damien Toner, Catherine McManus, David Cunningham, Mairead Carlin, Thomas Havlin.
Donegal County Council’s head of economic development said: “Donegal has the talent, expertise and entrepreneurial spirit to drive the next phase of growth in the blue economy, creating new opportunities for businesses, expanding export potential and supporting the development of high-quality employment across the region.
“The insights and ideas shared throughout today’s workshop highlighted the significant opportunities that exist for Aquatech, marine engineering and innovation-driven businesses to build on Donegal’s established strengths.
“By harnessing our expertise, fostering collaboration and embracing innovation, Donegal is well positioned to compete successfully in international markets and strengthen its reputation as a leading hub for blue economy development.”
The event was organised by Donegal County Council under the Donegal Blue Economy Working Group.
It brought together industry leaders, businesses and stakeholders to explore opportunities in aquaculture, marine engineering and innovation, stated the council.
It added that discussions highlighted the region’s “strong marine expertise, manufacturing capability and export track record, with local companies already supplying international markets including Norway, Chile and Canada”.
A council spokesperson explained: “Speakers emphasised the importance of collaboration between industry, education and government to drive future growth, with initiatives such as the planned Ocean Innovation Centre at ATU Killybegs identified as key to supporting innovation, research and skills development.
“The workshop reinforced Donegal’s ambition to strengthen its reputation as a leading hub for Aquatech, marine engineering and blue economy innovation.”