€16 million had been set aside for the construction of a new National Indoor Velodrome and National Badminton Centre at the Sport Ireland National Sports Campus for completion in 2021 according to a report on www.sportforbusiness.com.

It was one of the highlights of the investments in sport announced by Shane Ross Minister for Transport, Tourism and Sport and Brendan Griffin, the Minister of State at the same department.

Despite having no indoor velodrome in the country, Irish cyclists have excelled on the track in recent years. Amongst the highlights have been Caroline Ryan’s bronze medal in the points race at the 2012 UCI Track Cycling World Championships and Martyn Irvine’s gold medal in the scratch race at the 2013 UCI Track Cycling World Championships.

In addition to the news on the investment in the velodrome and badminton centre, it was also revealed that a new large-scale sports infrastructure fund was being established with €50 million set aside to assist with major projects.

Over the next twelve months, a formal process will be designed to accept expressions of interest. Those who are accepted as being of sufficient scale and importance will go to a full cost/benefit analysis and model testing.

The fund has been created to set a framework for the development of projects which may include the stadium redevelopment at the RDS or for a National Cricket Stadium.

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