THE Mayor of Limerick, Cllr Jim Long, has welcomed confirmation that a multi-million euro redevelopment of King John’s Castle has been included in the Government’s Infrastructure and Capital Investment programme.
There had been fears ahead of last week’s announcement that funding for the €5.7m project would not be forthcoming due to Government cutbacks.
However, in its detailed report, the Government says that funding for the project, which was previously announced, would be made available.
“We were worried that we would lose out and it is great news because there will be a lot of focus on King John’s Castle next year as it celebrates its 800th birthday,” said Mayor Long.
Almost €5m will be allocated for the project through Failte Ireland and the balance will be paid by Shannon Development.
The ongoing regeneration of parts of Limerick City has also been earmarked for Government funding between 2012 and 2016 although exact figures have not been disclosed.
Funding has also been earmaked for the completion of the Medical School at the University of Limerick and for a number of Riverside city projects such as the construction of a new boardwalk between Shannon Bridge and Sarsfield Bridge.