Site Contents

Search

Subscribe

If you would like to receive regular updates on Derek's work then please enter your details below

The Labour Party and its elected representatives may use the data you have supplied. If you do not wish to be contacted by the Labour Party please unsubscribe by clicking here.

MEP WELCOMES SWANSEA UNIVERSITY £60M EURO INVESTMENT BOOST

Swansea Univeristy

 

Welsh Labour MEP, Derek Vaughan, has welcomed today’s announcement that Swansea University will receive £60m of funding from the European Investment Bank towards the developments of new Science and Innovation Campus on Fabian Way and the regeneration of its Singleton Park Campus.

Mr Vaughan, who has been closely involved in the project since his time as Leader of Neath Port Talbot County Borough Council, in whose area the Innovation Campus will be based, said:

“The support of the European Investment bank will be absolutely key in enabling the University to expand its facilities and maintain its place at the cutting edge of research and development.”

“It is an ambitious project that will eventually lead to Swansea University playing host to one of the largest, modern economic projects in Europe and drive forward the creation of more highly skilled jobs in the Welsh economy.  With companies such as Rolls-Royce, BAE, Hewlett-Packard and Tata already signed up, Wales will be taking a huge step with this development in bringing the research and industrial sectors closer together to innovate and enhance economic growth.

“The use of European Investment Bank funding, alongside the effective working partnership formed by the University, industry and local and Welsh Government, will create a facility that will put Wales at the forefront of academic and business competitiveness in the European and worldwide marketplace.  Having seen the plans evolve over the last few years, it is particularly pleasing to see it now becoming a reality.”   



- Thursday, 20 September 2012 -

Designed and built by Tangent Snowball. Hosted by Rackspace, 2 Longwalk Road, Stockley Park, Uxbridge, UB11 1BA.
Promoted by and on behalf of the Labour Party at One Brewer's Green, London SW1H 0RH.