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Government agrees privatisation of Belfast port

The Port of Belfast is to be privatised in a deal which could raiseup to £100m for the province. The sale was announced as GordonBrown, the Chancellor, unveiled a £315m support package forNorthern Ireland.

The government will keep a “golden share” in the port to prevent itstakeover. Cash from the sale will go towards roads development inBelfast.

  • The Times 13/05/98 page 24, page 27
  • Financial Times 13/05/98 page 10

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