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15/01/2026

Belfast Harbour Commits £300m To Regional Regeneration And Infrastructure

Belfast Harbour has reaffirmed its role as a primary driver of Northern Ireland's construction and regeneration sectors, announcing a £350,000 Community Fund for 2026 alongside a broader commitment to reinvest 100% of post-tax profits into the Harbour Estate.

The funding is a key component of the Harbour's Advance Regional Prosperity 2025-2029 strategy, which outlines a £313 million capital investment programme. This includes £208 million for port modernisations and £105 million dedicated to the ongoing regeneration of the waterfront, including landmark projects like City Quays and the recently submitted Clarendon Wharf development.

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The 2026 Community Fund will prioritise "green innovation" and "community resilience," supporting the construction of sustainable infrastructure and the development of local skills. By ringfencing 1% of annual operating profit, the Trust Port ensures a steady pipeline of funding for projects that improve the environmental and social fabric of the city.

Joe O'Neill, Chief Executive of Belfast Harbour, noted the importance of this reinvestment model: "Every pound of post-tax profit we make is reinvested to strengthen the port, create opportunities, and enhance sustainability. We are proud to lead the way by supporting local communities as a long-term commitment benefiting our neighbours and the wider construction of a thriving Belfast."

The announcement comes as Belfast Harbour continues to progress its 2050 Masterplan, which envisions the creation of vibrant new neighbourhoods featuring:

- 600+ new homes at Clarendon Wharf (subject to planning).

- Mixed-use commercial and leisure spaces.

- Extensive public realm improvements and green walking/cycling routes.

Communities Minister Gordon Lyons MLA welcomed the investment, stating that the initiative reflects a "long-standing dedication to inclusive growth" that will benefit generations to come through enhanced infrastructure and skills.

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