Leo Varadkar praises rapid growth of Limerick company

0
4118

Limerick Twenty Thirty’s early progress in helping to revitalise the economy of Limerick and the region has been commended by An Taoiseach Leo Varadkar, TD.

Speaking following Friday’s meeting with Limerick Twenty Thirty CEO David Conway at the company’s Gardens International office site on Henry Street, An Taoiseach also singled out Limerick City and County Council for having the initiative to establish the company in the first instance. “I really want to compliment Limerick City and County Council in taking the initiative to set up a development company.
He added: “I’m really delighted to visit Limerick today and visit some of the sites that are being developed as part of Limerick Twenty Thirty.”
“The story of Limerick in the last couple of years has been a very positive one, an economy that is starting to take off again and also we are very ambitious in developing this city as an economic growth centre. That, of course, means increasing the population but, increasingly, we want people to be in our city centres and Limerick Twenty Thirty really speaks to that.” Taoiseach Varadkar said.
David Conway said: “The very fact that the Taoiseach took time out of his busy schedule to meet with us says a lot about the role this company is playing. He was particularly pleased to see the progress so far.”
“This week alone the Council of Europe Development Bank formally signed up for €85m in finance for our Opera Site project with Limerick City and County Council, which comes on top of another €85m in funding for the same project from the European Investment Bank just eight weeks ago. That’s a €200m development that will accommodate 3,000 employees on completion.”
“Meanwhile, work continues at International Gardens on Henry Street. That’s a €20m development due for completion in the third quarter of this year and will have up to 750 people employed.  
“We have master-planning underway for the Cleeves Riverside Campus and for our Mungret Park residential development. The pace of development was not lost on the Taoiseach and he got a real sense of just how much of an impact Limerick Twenty Thirty will have on the city over the coming years.” He concluded.
More business news here.