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Plans for World’s Largest R&D Centre in Tralee are at a “delicate stage” - Ferris

19 July, 2010 - by Martin Ferris TD

Sinn Féin TD Martin Ferris has said that the location of a Global Pharmaceutical Centre of Excellence would be a monumental achievement for Tralee and Kerry. Deputy Ferris, who attended a meeting on the project in Tralee last week, said it would transform the economic landscape of the entire region for generations to come. However he urged caution saying that the planning for the project was at a delicate stage and that a lot more work would have to be done before it was delivered.

Deputy Ferris, who has been working for several months with other elected representatives to help bring this centre to Kerry, said: “If this project comes to fruition, which is what everyone is working towards, it would represent a monumental achievement for Tralee, Kerry and indeed Ireland. The fact that Tralee has been earmarked as the possible location of this centre of excellence proves what some of us have been saying for many years: that Tralee and Kerry has an awful lot to offer to potential investors.

“I would urge people to remain cautious because this is at a delicate stage and nothing is delivered on yet. A lot of work has already gone into it, but a lot more will have to be done before we can be sure this will come off.

“The actual scale of the project is very ambitious. There would be 4380 graduates; 116 leading Academic Professors and 321 Corporate Management Executives.

“This centre would have the potential to become the largest single place of employment on the entire island of Ireland. The cost of investment is in the region €4.5 billion, and would employ people from various specialties from Science, Pharmaceutical, Engineering and IT graduates; nurses, doctors, secretarial and admin staff; solicitors, accountants, web and graphic designers; carpenters, electricians and plumbers.

“This would be the largest research and development centre in the world and it would undoubtedly transform the economic landscape of the town and county for generations to come. The positive knock-on effect for businesses, retailers and tourism providers in North and South Kerry, and indeed further afield, would be absolutely massive.

“It is my understanding that the Centre would have a 10 year cycle for research and development and, depending on the success of the project, another 10 cycle after that. I hope that everyone locally from a political and commercial point of view and the government’s agencies will throw their entire weight to behind ensuring that this project is delivered for Kerry and indeed the entire South-west. ENDS

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