Confirmation that the European Investment Bank is to approve lending of €60 million for the development of NUIG campus is most welcome.
This is the first ever loan to the university from Europe’s long-term lending institution and will finance the construction of campus developments, including new student residences and a new building for the College of Medicine, Nursing and Health Science.
Construction of the new residences for 430 students is well underway and will go some way towards easing the current crisis in student accommodation in Galway. The overall investment will ensure that NUI Galway continues to lead research across a range of disciplines, including medtech.