The new university will be based in the South East.
Simon Harris has announced that a new technological university is to be set up in 2022.
The technological university is coming after an application from IT Carlow and Waterford IT in April of this year.
The Minister for Further and Higher Education, Research, Science and Innovation announced the new university via
a statement on the government's site.
"This is a really exciting day for higher education in the South East region, signalling the establishment next year of a multi-campus university presence across the region", Minister Harris said.
"After years of debate, the establishment of this new technological university will become a reality next year, and the South East can look forward to it increasing higher education access, driving enhanced regional development and increasing opportunities for students, staff, business and enterprise, and local communities across Carlow, Kilkenny, Wexford and Waterford.
"We will continue to invest in this new university with new campuses in Wexford and Waterford. The footprint of this TU will be felt right across the region. Students graduating in the current academic year will be the first to do so in the region with locally sourced university qualifications.”
Tánaiste Leo Varadkar welcomed the news, stating that "University of Limerick had a transformative effect on the city and Mid-West region. I believe the same can happen now in Waterford and the South-east."
The announcement of the new TU follows the opening of TUS,
a new technological university in the midlands and midwest.
Main image via Leah Farrell / RollingNews.ie
