ITT President pledges college's help in the future of Kerry Technology Park

TRALEE'S Institute of Technology has reaffirmed its commitment to securing and guaranteeing the future of Kerry Technology Park.

Last month, in what was viewed by many as a surprise development, Shannon Commercial Properties the park's owners rejected a multi million Euro bid by IT Tralee to buy the park.

Speaking at the ITT graduation ceremony, which was held at the Brandon Conference Centre on Friday, IT President Dr Oliver Murphy said he and the entire board of management at the college are committed to ensuring the ongoing development of the Kerry Technology Park.

Dr Murphy told the audience of nearly 900 graduates that the Technology Park is a "critical asset" in the region and has consistently been a leading example of best practice in business development since it opened in 2001.

Dr Murphy said that IT Tralee will continue to work with all the stakeholders both regionally and nationally to ensure that the park and the wider region continues to grow and develop.

Kerry Technology Park, which is located in Dromthacker on the northern outskirts of Tralee adjacent to the college's North campus, is home to several of the counties leading technology firms and employs close to 400 people.

It was previously owned and managed by Shannon Development but when that agency was wound down ownership of the park transferred to Shannon New Co, which is responsible for running Shannon Airport, and their subsidiary Shannon Commercial Properties.

Meanwhile Dr Murphy said plans for a merger with Cork Institute of Technology to form the Munster Technological University are progressing as are plans to attract students from Indonesia.