Strong focus on STEM, including ICT, Engineering and Life Sciences, will drive regional growth
Minister Denis Naughten is very pleased to welcome the appointment of design teams to Athlone Institute of Technology and Galway Mayo Institute of Technology for the construction of new STEM facilities. The design teams of architects and engineers will now bring the projects through the initial design and planning process.
“It’s really important for the development of the region and future generations that Athlone Institute of Technology and Galway Mayo Institute of Technology develop new Science, Technology, Engineering and Mathematics (STEM) facilities which will include science labs, lecture theatres, classrooms and other STEM-related projects. These state-of-the-art projects will lead to a step change in STEM-related skills, including ICT, engineering and life sciences across the region. These new facilities will be transformative for the institutions and students,” stated Minister Naughten.
This PPP programme will be paid for through monthly unitary charge payments to the private operator who will not only construct these projects but maintain them for 25 years post-construction.
This Public Private Partnerships (PPP) programme is being rolled out alongside €367 million in funding from the Department of Education and Skills for investment in higher education over the period 2018-2021. Project Ireland 2040 provides for a significant ramping up in Exchequer funding to support infrastructure priorities in the higher education sector. €2.2 billion will be made available over the coming decade to support refurbishment, new buildings and equipment renewal in the sector.