20/06/2006

QUB to receive £259 million pound investment

Queen's University has today announced a £259 million investment to secure its position as a global leader in research and education, and ensure a world-class experience for its students.

The investment in staff, students, and facilities will underpin the University's Academic Plan for the next five years.

The programme will include £189 million of expenditure, which will go towards the funding of major projects carried out by the university and from external sources, including the university's £45 million new library, which is due for completion in 2009.

A major recruitment programme costing around £28 million will attract 140 high-calibre academics from around the world.

The first phase of the campaign starts this week, with the advertisement of 45 posts in fields from English to Law, from Management and Economics to Chemistry and from Pharmacy to Medicine and Biomedical Sciences.

A further £10 million will be invested in new centres of excellence to build on the University’s track record of research in the areas of sustainability, health improvement, Irish studies, and child protection and welfare.

Other highlights in the Academic Plan are:

* The investment of £21m in student bursaries, scholarships and studentships

* The introduction of 46 new educational programmes.

Commenting on the announcement, Queen’s Vice-Chancellor Professor Peter Gregson said: “This Plan is not just an investment in Queen’s and in our staff and students but in the future of Northern Ireland. It will ensure that we offer our students the opportunity to acquire qualifications which are valued around the globe in a world-class learning environment. It will also enhance our role as a driver of local economic, social and cultural development. By reinforcing Northern Ireland’s reputation as a centre of international research, it will make a major contribution to job and wealth creation and act as a magnet for international investment.”

He continued: “The Academic Plan is a blueprint which will ensure our future as an internationally-renowned centre of academic excellence at the heart of the community we serve. Our aim is to promote a spirit of creativity and innovation and nurture a dynamic community of world-class academics and students with the ability and imagination to contribute to society around the world.”

(EF/SP)

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