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TRinity college to build €70m business school

A new €70m school of business is to be built by Trinity College Dublin as part of a €600m five-year plan.

The university's plans were launched yesterday by Taoiseach Enda Kenny and TCD provost Patrick Prendergast.

The new business school will be co-located with an innovation and entrepreneurship hub.

The university said the move would "drive a spirit of entrepreneurship across the campus and in Dublin city centre".

"It will support a growing culture of job creation among Trinity's students and faculties, and help position Dublin as a global node for innovation and start-up enterprises," it added.

Construction of the new facility is scheduled to start next year.

TCD's strategic plan includes two other major capital projects: an engineering, energy and environment institute; and a cancer institute which will be based at St James's Hospital in Dublin. The university is also planning to build new student accommodation in the city centre.

Meanwhile, UCD's Smurfit Graduate Business School was the only Irish business school to feature in new high-profile and separate international rankings by The Financial Times Executive MBA, Masters in Management and The Economist.