The funding for the Ulster Canal Project announced today is important to show support for All Island projects as Brexit approaches.
That is the reaction of local TD Brendan Smith, who says it is a pivotal move in linking the country's inland waterways which are currently underused.
Today Minister Heather Humphreys announced €6 million for the project, which will allow for the second phase of the restoration.
A further €1 million has also been set aside for a feasibility study and engineering works on the section from Clonfad to Castle Saunderson.
Deputy Smith says that this project is crucial as Brexit approaches:
Hugh Tunney is the manager of the Ulster Canal Stores and he says that it will be a major boost for the local economy.
He also highlighted the major benefit it will have for their future projects and the area: