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HomeBusinessLeo Varadkar praises rapid growth of Limerick company

Leo Varadkar praises rapid growth of Limerick company

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Limerick Twenty Thirtyโ€™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 Fridayโ€™s meeting with Limerick Twenty Thirty CEO David Conway at the companyโ€™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. โ€œI really want to compliment Limerick City and County Council in taking the initiative to set up a development company.โ€œ
He added: โ€œIโ€™m really delighted to visit Limerick today and visit some of the sites that are being developed as part of Limerick Twenty Thirty.โ€
โ€œThe 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.โ€ Taoiseach Varadkar said.
David Conway said: โ€œThe 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.โ€
โ€œThis week alone the Council of Europe Development Bank formally signed up for โ‚ฌ85m in finance for our Opera Site project with Limerick City and County Council, which comes on top of another โ‚ฌ85m in funding for the same project from the European Investment Bank just eight weeks ago. Thatโ€™s a โ‚ฌ200m development that will accommodate 3,000 employees on completion.โ€
โ€œMeanwhile, work continues at International Gardens on Henry Street. Thatโ€™s a โ‚ฌ20m development due for completion in the third quarter of this year and will have up to 750 people employed.  
โ€œWe 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.โ€ He concluded.
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