The new Atlantic Technological University will deliver €700m to Ireland’s economy per year while supporting more than 3,100 jobs.
That’s according to research from the Northern and Western Regional Assembly, which has found that every euro of expenditure by the new university is likely to result in an overall increase of nearly €4 in output.
The new university will be officially opened on Monday by Minister Simon Harris TD.
John Daly, economist with the Northern and Western Regional Assembly, has been outlining to OceanFM News the huge benefits from the new university.
History will be made this Friday when the governing body of the new Atlantic Technological University meets for the first time to confirm Dr. Orla Flynn as president.
On Sunday, IT Sligo will host a free family fun day to thank the local community for its support over the past 50 years, from its foundation as a small regional technical college and, subsequently, becoming an IT.
Mr Daly says that the inauguration of the new university couldn’t come at a better time for the north west region.