A new impact report launched by An Taoiseach Enda Kenny TD has shown that University College Dublin contributes €1.3 billion Annually to Irish Economy. The report, launched at Government Buildings, underlines UCD’s key role as a major economic actor and employer in Dublin and in Ireland.
 
It is estimated that the total economic output generated by UCD and its students in Ireland amounts to €1.3 billion annually and that the total number of jobs they generate is 8,914. 
 
Taoiseach Enda Kenny TD said, "This report highlights that University College Dublin, as Ireland’s largest University, is playing a key role as an economic force in Dublin and in Ireland overall. UCD is not only creating economic activity, stimulating and supporting over 8,900 jobs but generating output across a wide range of economic sectors.

UCD also has a key role to play in Ireland's ongoing economic recovery. The best international companies are attracted to Ireland because of the range of talent and skills available to them here. UCD is at the forefront in Ireland in educating the next generation of leaders in all disciplines."

UCD President, Professor Andrew J. Deeks added, "Impact reports, such as Delivering Impact, are increasingly important and are being widely applied across the international higher education landscape.

As such this is the first report produced by the university to identify and quantify the diverse ways in which, UCD, Ireland’s most globally engaged university, is making an economic, cultural and social impact, both nationally and internationally. We will use these impact results over the next few years to realise our strategic vision for 2020."

Source: www.businessworld.ie