Government grants of over half a million euro have been announced for two seafood processing companies in Killybegs as part of a 2.7 million euro national initiative.
Killybegs Seafoods Frozen Ltd have been approved for a grant of 500,000 euro, while Island Seafoods Ltd. have been approved for a grant of 17,550 euro.
This will generate a total investment of almost 4 million euro in the Seafood Industry in Killybegs.
Junior Minister Joe Mc Hugh says this reflects a growing confidence in the local economy, and the extent to which Killybegs is still a leader in the value added sector of the seafood industry………..
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