Waterford IT to get €12m to finish stalled sports complex

The Government is to provide Waterford Institute of Technology (WIT) with a €12.1m loan towards the completion of its stalled sports campus and the purchase of its student village.

The news comes less than a month after the former head of a company, tasked with delivering the Carriganore Sports Campus, issued a report blaming “inadequate leadership” at WIT for the delay of the project, which is now estimated to run €4.3m over budget.

Eugene McKenna, former CEO of WIT Diverse Campus Services, said that WIT’s attempts to consolidate the incorporated company as a subsidiary of the college led to the deferral of work.