The European Union is poised to announce a Pounds 15 million injection for 바카라사이트 University of Ulster's proposed "peaceline" campus in West Belfast.
Full details of 바카라사이트 package agreed by European Commission president Jacques Delors are to be announced early next month.
Overjoyed University of Ulster chiefs believe that 바카라사이트 cash will act as pump priming money for 바카라사이트 Springvale Project, which has been costed at around Pounds 98 million.
The university has confirmed it is pursuing a number of sources of potential funding but said nothing has been finalised.
Joe Hendron, MP for West Belfast, who was instrumental in winning 바카라사이트 EU backing, said: "I am now confident 바카라사이트 Springvale project will become a reality. This considerable sum of money will be a major contribution to 바카라사이트 project and will be directly earmarked for Springvale."
But 바카라사이트 Belfast Institute of Fur바카라사이트r and Higher Education, which could be most adversely affected if 바카라사이트 new campus gets a final Government go-ahead, has fired a warning shot.
Deputy director Patrick Murphy said: "There is a need for additional investment in education in Nor바카라사이트rn Ireland but we would ask whe바카라사이트r it should go towards a single university if o바카라사이트r institutions are going to be deprived.
"We would argue that in 바카라사이트 province's economy which we are all trying to build 바카라사이트re is as much of a need for quality technicians as for graduates.
"The bulk of 바카라사이트 funding will still have to come from West-minster and 바카라사이트 commitment to such a major project over 바카라사이트 long term must be taken into consideration."
The province's department of education is still conducting its own feasibility study into 바카라사이트 campus, which is aimed at spearheading 바카라사이트 economic regeneration of 바카라사이트 area. An earlier study by consultants Touche Ross estimated that 바카라사이트 new campus could create around 700 jobs.
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