The DAA, a commercial semi-state airport company in Ireland, is seeking a contractor to resurface the main runway at Cork Airport.
The company, which operates the transport hub, has launched a tender process to find a contractor to resurface the 2km long runway, as well as complete new electrical works and a power substation by 2022.
Taoiseach Micheál Martin today welcomed the announcement.
He said: "Cork Airport's main runway is the second busiest passenger route in the country and this is a vital investment to ensure it plays it’s part in Ireland’s economic recovery.
"Although air travel has been impacted greatly in the wake of Covid-19 global restrictions, the skies will re-open and post-Brexit, Ireland will hopefully grow its position as a global business and tourism hub.
"I'm pleased to see progress on this issue and hope work can begin early next year on what is an important project for Cork Airport.
"The jobs this investment will bring will also be a very welcome boost to the construction industry and the local economy."
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