Independent MEP Marian Harkin today welcomed the European Investment Bank loan for the construction of the new Gaelcholáiste Ailigh in Letterkenny, describing it as a “marvellous example of European added value”.
The school will be built as part of a Public Private Partnership, using Irish state funds as well as the loan from the European Investment Bank (EIB). Coláiste Ailigh will accommodate 350 pupils (mixed girls and boys) with general teaching spaces, specialist classrooms and workshops, as well as a sports hall and playing courts.
Harkin noted that “in a time of great fiscal difficulty, it is encouraging thatIrelandcan avail of these targeted EIB loans for worthwhile infrastructure projects such as this school. Maintaining investment in education is one of the single most important steps we as a nation can take to restoring our economy to full, vibrant health, and the EIB is providing much-needed EU ‘added value’ at the right time”.
She added that “as well as the value to Donegal’s education system, this project will provide employment for architects, engineers, contracts managers and quantity surveyors, and the contractor BAM will maintain the schools under a 25 year service contract”.