08/12/2008

Boost For NI Housing And Schools

There's good news on both housing and jobs this week as it has emerged that the Fold Housing Association has advertised a £20m project to build over a hundred new homes in Northern Ireland. Work will cover the construction of 104 houses and eight flats while while extensive remodelling of the site and construction of retaining walls will also come under the deal.

Between six and 10 bidders will be invited to tender for the two-year job which will also provide much-needed employment within the construction sector with firms having until 5 January to 'express an interest'.

Meanwhile, a £40m project to build two new schools in Londonderry has been given the go ahead.

St Mary's College in Creggan will move to a new building on the Northland Road, and St Cecilia's College will relocate to a site on Bligh's Lane.

Work on the Derry-based Public Private Partnership will begin as soon as possible.

Schools Minister Caitríona Ruane said: "The new facilities will provide the pupils attending these schools with a rewarding educational experience and I look forward to visiting when they are complete."

The Principal of St Mary's College, Marie Lindsay, said the announcement has been a long time coming.

(PR)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

07 July 2011
Builders Get Major House Building Boost
A substantial Co Antrim housing scheme has been launched this week proving much needed good news for the beleaguered construction sector. Stormont Social Development Minister Nelson McCausland has officially started the new £18.5m family housing development in Lisburn.
20 June 2011
BBC's Formula One 'Heading For Pits'
With programming costing a huge £1 per viewer, the BBC may be forced to drop its Formula One (F1) motor racing coverage. The BBC must make savings and the £60m a year F1 costs - or £3m for each race - it is the most expensive programme being broadcast.
12 March 2009
German Airline Deal Takes Off For Bombardier
A local aircraft manufacturer is flying high today with news of a major international contract - which is also boosting jobs.
15 May 2002
News Corp reveals multi-billion pound write down
Rupert Murdoch's global media network News Corporation has announced a profits gain in the third quarter, but had to write down a massive £2.74 billion investment in the Australia-based Gemstar television during the same period.
21 February 2002
German news agency to establish English service in Cork
Mary Harney, Tánaiste and Minister for Enterprise, Trade and Employment has announced that Deutsche Presse-Agentur Gmbh (dpa), Germany's leading news agency, is to create 20 new high quality jobs in Cork by the end of this year.