Tourism gets €100m boost

Fáilte Ireland have launched a €100m fund to help stimulate capital investment by both the private and public sectors in Irish tourism.

Fáilte Ireland have launched a €100m fund to help stimulate capital investment by both the private and public sectors in Irish tourism.

The funding, provided under the National Development Plan, will specifically target investment in both new and existing visitor attractions.

Shaun Quinn, Chief Executive of Fáilte Ireland, said: "Of the total funding available, €50m will target the upgrading of approximately 20 of our key existing visitor attractions to international standard. A further €14m is being set aside to encourage the development of two or three major new iconic Irish cultural attractions of international appeal. Some six million euro has been allocated for the development of historical and major ornamental gardens throughout the country."

"Further funding, totalling €28m, will be allocated to supporting investment in outdoor and other active pursuits," continued Mr Quinn.

"We have identified key areas which are critical to the continued viability of some rural tourism areas. These include water sports centres and boat rental, outdoor activity centres; ‘Learn to’ facilities, equestrian/horse riding and angling facilities."

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