€60m backing for NUI Galway campus

The European Investment Bank will provide €60 million towards the development of the NUI Galway campus. The first ever loan to the university from Europe’s long-term lending institution, agreed in Galway earlier this week, will finance construction of campus developments including new student residences and a new building for the College of Medicine, Nursing and Health Sciences. Over the last decade the EIB has provided €1.2 billion for education investment across Ireland, including €675 million for investment in third level education in the country.

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