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Europe Daily Bulletin No. 8395

7 February 2003
Contents Publication in full By article 32 / 35
GENERAL NEWS / (eu) eu/state aid
Green light to aid for CLYDEboyd (UK)

Brussels, 06/02/2003 (Agence Europe) - The Commission has decided approve a planned UK investment subsidy in favour of Clydeboyd Ltd. As part of the Freight Facilities Grant Scheme, the aid intends to encourage modal shift from road to water transport by providing a larger berth and enhanced freight handling facilities at Corparch Pier, near Fort William in Scotland. The Commission had several doubts regarding the necessity and proportionality of the aid for the realisation of the project,...

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