Letterkenny Town Centre Regeneration Project picked up a welcome cheque for €700,000 recently - courtesy of the BMW Regional Assembly.
The grant by the BMW Regional Assembly under an ERDF grant scheme for designated Gateways and Hub Towns, funded the extensive re-paving and refurbishment of Upper Main Street, which was completed recently, along with enhanced traffic management and pedestrian linkages.
The presentation was made by the chairman of the BMW assembly, Cllr Cyril Burke to the Mayor of Letterkenny, Cllr Gerry McMonagle.
Director of the BMW Assembly Gerry Finn said they were “delighted to have been in a position to provide ERDF financial support towards this project in Letterkenny. This project has the potential to increase competitiveness of local businesses, make Letterkenny a more attractive place to live in and visit, improve the quality of life of its residents and encourage more investors to the Region.”
Cllr Cyril Burke, Chairman of the BMW Regional Assembly said that the project will help Letterkenny to enhance its performance as a Gateway town in the BMW Region and he complimented all those involved in the project.
The Director added, “Funding is provided by the Assembly from the BMW Regional Operational Programme under its Gateway and Hub Development Scheme. This EU co-funded scheme represents a strategic investment by the BMW Regional Assembly in the Region’s Gateways and Hubs as identified in the National Spatial Strategy. In these constrained economic times it is vital that the development of the identified drivers of economic growth in our Region continue to receive as much financial and strategic support as possible.”