Galway Bay fm newsroom - The European Investment Bank is to loan 60 million euro to NUI Galway to develop its campus.
Some of the projects in the pipeline at the college include new student accommodation and a new Human Biology building.
NUIG President Jim Browne says the loan is important as it will transform the learning environment, particularly for health science students.
The EIB supports investment at Irish universities through low-cost, long-term loans.
