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Letter to Irish Times 24 Oct 2006
-- Madam, - Taoiseach Bertie Ahern is "broadly supportive" of the Progressive Democrats' proposal to relocate Dublin Port to Bremore, near Balbriggan in north Co Dublin, and develop the old port site "Manhattan-style" (The Irish Times, October 21st). This proposal
has economic merit: land at Dublin Port is too valuable to continue
to be used for port activities. According to the PDs, the 660 acres
involved, worth a staggering €30 million an acre, could be put
to better use for housing and commercial activities. At the same time,
much cheaper land is available for port development at Bremore. But
why is what is good for seaports not also good for airports? Does the
reigning coalition only "do" seaports? The value of some 840
acres of publicly owned land at Dublin airport that will be used up
by the proposed new parallel runway has been ignored in the consideration
of the merits of that proposal. It is worth a comparatively modest €2
million an acre. If The frenetic and unsustainable growth at Dublin airport is driven by a hidden subsidy because passenger charges at Dublin airport do not include a real cost for the use of the very valuable public land it occupies. The aviation regulator values all the 2,500 acres at Dublin airport at less than €20 million. Subsidies create distortions, some of which are evident to anybody battling the queues at Dublin airport or trying to get to and from those queues on the congested road network around it. If this
runway goes ahead and annual passenger numbers go from the current 20
million to a planned 60 million, the chaos will treble. - |