"The excellent figures are as a result of a significant capital expenditure programme for the period 2000 to 2007 of c£22m and through the endeavours of a most professional, highly flexible and dedicated workforce," LPHC chairman, Mr. Garvan O'Doherty
told the port's AGM today.
Tonnage handled by Londonderry Port and Harbour Commissioners
(LPHC) increased by almost 65% between 2000 and 2007, according to the latest annual results.
says this is "two and half times the national average, and is an indication of our ability to deliver for the North West region."
"Already we import over £500m worth of goods into the region every year, and have been very successful in attracting new business to Derry and the North West
," says Mr O'Doherty
"We have steadily increased profits over the last 5 years as part of our development plan and carefully re-invested them back into the port in order to support continuing growth."
says that as a public trust port, "we are governed by publicly appointed commissioners, such as local councillors and business people.
The challenge now, says chairman, Mr. Garvan O'Doherty, is to look ahead into the market to continue to serve the region and to grow the business for the next 5 years.