Waterford is in line for significant investment to develop the North Quays as part of the the government’s National Development Plan.
It’s been announced that an urban regeneration fund to the tune of €2 billion has been created to fund projects in Waterford as well as in Cork, Limerick and Galway.
A rural development fund of €1bn will be aimed at towns and villages.
The government has also announced capital spending to support the start-up for technological universities with a particular mention of a TU for the South East
Speaking at the launch of the Ireland 2014 project, Taoiseach Leo Varadkar said the plan signals a turn in the country’s fortunes.
Meanwhile, Fine Gael Senator Paudie Coffey said today’s announcement will bring certainty to the North Quays development.
“I’m delighted that the North Quays SDZ has been included in the plan,” he said, “the application is ready to go an I will be doing all I can.. to make sure the site is up and running as soon as possible.
There’s also good news for health and education in Waterford as well, with the announcement of a €2.2bn fund to develop the Technological University Network, as well as €21m for the palliative care centre at UHW.