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Fri 02 Feb 2010'People's Ferry' may face stormy waters over funding
ON MONDAY, the new Fastnet Line ferry service between Cork and Swansea will launch. The so-called “People’s Ferry” has substantial backing from Cork city and county councils, Kerry County Council, and local investors.
To date, West Cork Tourism Co-op has got €2.6 million in equity, while recent reports suggested sizable funds might be forthcoming from the National Treasury Management Agency or the National Pension Reserve Fund.
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