€200m college cash boost to add 3,000 jobs
A PLANNED €200m injection into third-level education at Limerick Institute of Technology announced yesterday aims to create 3,000 jobs across construction, teaching and the services industry.
The majority of the first €20m has come through the college's funds. The rest of the funding is to be sought through capital grants and private investment.
Phase one of the programme, which has secured planning permission, is due to begin early next year.
This will comprise the development of an Irish Fashion Incubator enterprise centre; the refurbishment of existing campuses, and the development of sports facility infrastructures.
Other key elements will include added student villages; an integrated transport system; and a plaza linking the college and Thomond Park stadium.