Waterford Institute of Technology plays a vital role in the life of the south-east region. Through the breadth and quality of its activities, unmatched by any other institution in the region, it has achieved a position of considerable standing. The Government is conscious that, while promising much, previous Governments failed to properly invest in the development of the institute in order to maintain and expand its contribution to the region.
As a result, we have put in place unprecedented levels of investment in the future of the institute. For example, recurrent funding, excluding fees, was increased by 21 per cent last year alone and the institute's facilities are being transformed as a result of the millions allocated to capital developments.