MTU generated almost €1bn for Irish economy in its first year

Formed by a merger between Cork and Tralee institutes of technology, Munster Technological University's economic impact in 2022 to 2023 is estimated to have been worth €979m 

MTU president Maggie Cusack with (left) Enterprise Ireland regional director Dan Barry and MTU head of strategy & performance Tim Daly at the publication of MTU's Economic and Social Impact Study for 2022/23. Picture: Domnick Walsh

Munster Technological University (MTU) generated almost €1bn for the Irish economy in the year after it was first formally established.

The technological university was the first designated in the State, following an official merger between the former Cork Institute of Technology (CIT) and the Institute of Technology Tralee (IT Tralee) in January 2021.