Taoiseach Leo Varadkar pictured with Deputy Fergus O'Dowd at the official opening of his office at Leyland Place, Stockwell Street. Photo: Andy Spearman.
An Taoiseach Leo Varadkar has announced an €18.5m investment for the Dundalk Institute of Technology that will see a major refurbishment and upgrade of the North and South Blocks which house the Institute’s STEM facilities.
The announcement was made as part of the government’s plans for Education under Project 2040.
In a statement today, local TD Fergus O'Dowd welcomed the announcement saying: O'Dowd said "This is great news for Higher Education in the North East.
“As we enter the final phases of Brexit, we want to have the graduates ready and waiting for relocating companies that choose the North East as the most suitable location for their businesses.
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“We have already seen many high-level skilled companies choosing County Louth over the last number of years who's businesses are focused on STEM disciplines such as WUXI Biologics, PCI Pharma Services and Almac."
"The works which will also include an expansion of available laboratory space, will provide for an additional 760 student places, mostly in STEM-related disciplines which are key to our North East region and it's continued expansion of employment in this area."
"The works will also create opportunities for further employment on the campus itself for faculty and operations staff which again is great news. County Louth has seen a huge drop in unemployment by over 50% since 2012 and the focus is to continue that trend and provide more high skilled jobs locally for our constituents."
"This announcement is part of Project 2040 and County Louth's designation as a pivotal cog in the plan is one of the reasons we are seeing this large scale investment today. Project 2040 plans to deal with employment and population growth in County Louth and this significant investment underpins that focus."