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European Investment Bank agrees to fund 550 new classrooms

€100m loan will kick start building project in 2014. But government hopes to secure up to €1 billion a year from EIB.

Minister for Education Ruairí Quinn T.D. signing the EIB agreement today
Minister for Education Ruairí Quinn T.D. signing the EIB agreement today
Image: Andy Delaney/Photocall Ireland

THE EUROPEAN INVESTMENT Bank has agreed to provide €100m in funding to the Irish Government over the next two years for a school buildings project.

35 primary and 12 secondary schools across the country will be constructed and upgraded, as the total enrolment of pupils increases by around 70,000 between now and 2018.

“The loan will prove immensely beneficial in enabling my Department to implement our five year school building programme in the most cost effective manner for the taxpayer” said the Minister for Education and Skills, Ruairí Quinn T.D.

The schools targeted include 16 in Dublin, eight in Cork, three each in Limerick and Galway and two in Donegal. They include Educate Together schools in Carlow, Dublin and Waterford.

A full list is published below of the most likely beneficiaries of the scheme.

The EIB has committed to provide up to €500million euros per year  to Ireland.

However, the government hopes to double that, the Finance Minister Michael Noonan said today after a meeting with EIB President Werner Hoyer.

“At present they are committed to half a billion a year if you could get it flowing freely,” he said. “If we could double that it would have an impact on the infrastructure and make the economy more productive.”

District School
Carlow Carlow Educate Together
Cavan Carrigabruise National School, Virginia
Clare Ennis National School
Cork Rathcormac NS
Cork Gaelscoil Ui Riordain
Cork Gaelscoil Chloch na Coilte
Cork Scoil Phadraig, Rochestown
Cork Carrigaline CS, Waterpark Road, Carrigaline
Cork Scoil Nioclais, Frankfield, Grange
Cork Scoil Mhuire, 2 Sydney Place, Wellington Road
Cork Ashton Comprehensive School, Blackrock Road
Donegal St. Patrick’s NS, Lurgybrack
Donegal Gaelscoil Adhamanain, Letterkenny
Dublin Stanhope Street Convent Primary School, Dublin 7
Dublin Inchicore NS
Dublin Mulhuddart National School
Dublin Scoil Choilm Community National School
Dublin Luttrellstown CC
Dublin Senior College, Dún Laoghaire
Dublin St. Mary’s NS, Airlie Heights, Woodview, Lucan
Dublin Belgard Ballycragh NS, Ballycragh, Firhouse, Tallaght, Dublin 24
Dublin Belgard Gaelscoil Eiscir Riada
Dublin Fingal Scoil Bride Blanchardstown
Dublin Fingal Stephenstown Balbriggan Scoil Chormaic
Dublin Fingal Thornleigh ET
Dublin Fingal Swords Holywell ET
Dublin Fingal Blanchardstown West ETNS
Dublin Fingal Ardgillan Community College
Dun Laoghaire/Rathdown Holy Trinity NS
Galway Oughterard NS
Galway Tirellan Heights NS, Headford Road
Galway Coláiste Iognáid
Kildare Scoil Phadraig, Ballylinan, Athy
Laois Portarlington Convent NS
Limerick Ardscoil Ris, North Circular Rd
Limerick St. Munchin’s College, Limerick City
Limerick Kilfinane National School
Longford Edgeworthstown NS
Longford St. Matthew’s Mixed NS, Ballymahon
Louth St. Francis’ NS, Dundalk
Mayo Our Lady’s Secondary School Belmullet
Meath SN Realt na Mara (B) &Realt na Mara Girls
Meath Dunshaughlin Community College
Tipperary Scoil Mhuire Presentation Secondary School, Ballingarry, Thurles
Waterford Gaelscoil na Deise, Grace Dieu Road, Waterford
Waterford Waterford Educate Together NS
Wicklow St. Catherine’s Special School, Newcastle

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