Minister Quinn welcomes start of tender process for Grangegorman PPP project
Project valued at approximately €180 million
The Minister for Education and Skills, Ruairí Quinn T.D., today welcomed the publication in the Official Journal of the European Union (OJEU) by the National Development Finance Agency (NDFA) of the formal invitation to the market to tender for the Grangegorman Public Private Partnership (PPP) project.
The project consists of two new technologically-advanced education buildings – the Central and East quads - at DIT’s new education campus at Grangegorman. This project is valued at some €180 million.
DIT’s new campus will accommodate approximately 11,000 students and staff when completed and occupied in September 2017, consolidating up to 40 buildings into a single site. This will derive significant efficiencies for a key third-level institution, which constitutes some 10% of all third-level education places in Ireland.
Welcoming the publication, Minister Quinn said: “Today’s publication of the OJEU notice is a signal of this Government’s determination to follow through on its commitment to education and to providing new and modern educational facilities for the students and staff of the DIT.
“The construction of these facilities will create jobs, provide an important stimulus for the development of the local community and assist with the regeneration of the inner city.
“That this publication has taken place in a timely manner has been made possible by the hard work and dedication of the NDFA, the Grangegorman Development Agency (GDA) and my own Department,” said the Minister.
The Government is investing approximately €300 million into the Irish economy through the Grangegorman development. This investment will provide approximately 3,500 jobs during the construction phases of these projects.