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£2 million grant application for 'weak' fish market redevelopment turned down Print E-mail
Saturday, 30 May 2009

A TWO million pound grant application to redevelop Newlyn fish market has been turned down.

The Marine and Fisheries Agency's grants panel for the European Fisheries Fund said the business case was weak.

Chairman of the MFA panel, Ray Hedley, said: "It is the MFA's duty to ensure the taxpayer is getting the best possible value for money.

"The panel decided that the business case for this application was weak, most notably because it centred on only one option for development – a complete new build. It did not examine any options for refurbishment of the existing buildings."

The Newlyn Harbour Commission has since been invited to make a new bid for consideration by the September MFA grants panel.

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Mr Hedley added: "This is by no means the end of the matter. The good work done in the preparation of this application will not be wasted.

"The MFA's economist has offered to brief the applicants in writing and in person on the best way to produce an outline option appraisal. This can be a three of four page document which lists the feasible options for the redevelopment with some costs benefits for each.

"The MFA fully understands the need to support sustainable and competitive fisheries and the wider community. We will continue to work with interested parties to achieve this."

The deadline for the second bid is the end of July.

article copyright WESTERN MORNING NEWS

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