A Derry businessman has described expansion plans at Ulster University’s Magee Campus as an “economic game-changer”.
Gavin Killeen, the managing director of Nuprint technologies, said the extension project was crucial in order to attract investment and create jobs.
Funding for the expansion has been thrown into doubt in recent months due to budget problems at Stormont.
Mr Killeen made the remarks in an interview with the BBC Inside Business programme yesterday.
Minister for employment and learning, Stephen Farry, said last week that he will bid for the £11m needed to fund the expansion.
Mr Killen said: “It would be a fundamental game-changer for the north west.
“It is the only catalyst programme, in my mind, as to how we regenerate the north west of the province.
“Our school-leavers are leaving the province, they’re going to universities in the mainland and Scotland and the Republic of Ireland and they don’t return,” he added.
Ulster University secured planning permission for the £11m extension last year but there has been uncertainty over government funding for the project in recent months, due to budget problems at Stormont.
Last August, Employment and Learning Minister Stephen Farry said the project was “off the table” and would be indefinitely delayed because his department was facing cuts of £34m to its budget.
However, last week Mr Farry said the business case for the Magee extension was now at a very advanced stage, after which a bid could be made for capital funding.
The minister said he was committed to making the project “a reality in the very near future”.
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