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Lowry Welcomes Inclusion Of Tipperary In €4bn Rural Development Initiative

Lowry welcomes the inclusions of Thurles & Clonmel in the Government’s €4bn Rural Development; Urban Regeneration; Climate Action and Innovation – Project Ireland 2040 Initiative.

Speaking following the announcement; Tipperary’s Independent Deputy Mr Michael Lowry stated that he was delighted that both Thurles and Clonmel have been included in the Government’s €4bn Rural Development, Urban Regeneration, Climate Action and Innovation – Project Ireland 2040 urban and rural development initiative.

There will be 4 new funding options available under the scheme which is part of Project Ireland 2040, and will see €4 billion invested in qualifying areas over the next 10 years.

The breakdown of the funding options nationally are as follows:-
• €2 billion: Urban Regeneration and Development Fund – aimed at encouraging sustainable growth in Ireland’s five cities and other large urban centres.
• €1 billion: Rural Development Fund – aimed at supporting job creation in rural areas and support improvements in towns and villages.
• €500 million: Climate Action Fund – to support initiatives that contribute to the achievement of Ireland’s climate and energy targets.
• €500 million: Disruptive Technologies Fund – to be invested in the development and deployment of disruptive innovative technologies.

The Deputy stated, that this fund will require a collaborative approach between Government Departments, Local Authorities, Local Agencies, Public Bodies, and the Private Sector; all where appropriate. These agencies will work closely with local communities to transform our rural towns and villages and outlying rural areas; in conjunction with regional and local development plans for that area.

“The inclusion of Thurles and Clonmel is extremely welcoming and the application process will open in the coming weeks”, concluded Deputy Lowry.

Prize Bond Draw’s Star Prize Won In Tipperary

The Prize Bond Draw’s Star Prize for the 4th May 2018, has been won by one lucky Prize Bond holder here in Co. Tipperary.

The lucky Prize Bond, which was purchased in 2016, wins for its owner €50,000 (Prize Bond number AEU325218). Over 4,000 prizes were awarded in this week’s Prize Bond Draw, amounting to over €250,000.

In addition to a €1 million prize awarded on the last weekly draw of June and December, there remain weekly draws where the top prize is €50,000, with other cash prizes each week including 10 of €1,000 and 10 of €500.

Your Prize Bond, which is a State Savings product offering holders the chance to win tax-free cash prizes every week; can always be cashed in at any time after the minimum holding period of three months.

Prize Bonds can be purchased by Direct Debit; online at www.StateSavings.ie; by telephone to callsave 1850 30 50 60 or at your local Post Office. Holders can check draw results online at www.StateSavings.ie.

Last Month 16,776 Prize Bond investors received a total of €1,094,600.00 in Tax Free cash prizes.

Two Million Guaranteed For Tipperary Flood Relief Schemes

Independent TD Mr Michael Lowry has today stated that he is delighted to confirm that both Nenagh and Golden in Co. Tipperary, are to be included in the Governments new Flood Management plan; each to be viewed as an individual priority scheme.

The flood relief schemes for both areas have now been sanctioned by Mr. Kevin ‘Boxer’ Moran, T.D., Minister of State with responsibility for the Office of Public Works (O.P.W ) and Flood Relief.  Same schemes are scheduled to progress with sufficient funding guaranteed to completed all the necessary works.  Flood Relief Schemes for these areas are estimated to cost €2 million, which is now guaranteed by the O.P.W.

The O.P.W in conjunction with Tipperary Co. Council Engineers, will further examine all available options and solutions before implementing agreed appropriate engineering strategy to avert future flooding events in both these areas.

“While the total costs cannot be determined until a specific design is sanctioned; the estimated combined cost of both schemes of €2 Million is wholly and absolutely guaranteed”, stated Deputy Lowry.

B O I To Close Service Centre In Tipperary

The Bank Of Ireland have announced that 28 service centres will close across four locations in Ireland, resulting in the loss of some 200 jobs expected overall.

These centres, understood to presently give employment to 419 people involved in administration and support services, are due to close their shutters by the end of this year.

Locations affected will include Co. Tipperary, with these jobs being centralised as part of the B O I’s restructuring efforts. Affected staff are expected to be able to apply for new roles within the company or to involve themselves in the acquiring of early retirement options.

Branch networks remain unaffected by this latest announcement.

Deputy Lowry TD Welcomes News On Lisheen Site.

Independent Deputy Michael Lowry has confirmed that EU Commissioner Phil Hogan will today formally announce the sanction and funding for a revolutionary bio-economy research project, led by Glanbia Ireland.

This exciting development will be based at the former Lisheen Mine site which has been designated as a green energy hub.

This project has huge prospects for full time employment and it is conservatively estimated that it has the potential to create 300 permanent jobs. The initial site preparation and construction phase of the development will employ both directly and indirectly; up to 160 people.

The project will involve the development of a new bio-refinery and will use technology which has been developed by Glanbia Ireland.

When completed the bio-refinery will help in tackling the current environmental crisis created by waste plastic across the country and the world.

Deputy Lowry stated, “I am pleased to have made my contribution to ensure that this key development would be located at the former Lisheen Mine site, and I compliment all the agencies involved in the partnership which will deliver this significant bio-refinery project.
I wish to thank Commissioner Phil Hogan and Minister Heather Humphreys for their support, cooperation and assistance throughout this complex and lengthy process”
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