Trinity College Dublin plans to increase the number of STEM places it offers to students under a €60 million investment programme announced today.

In what is said to be the largest ever single philanthropic donation by an Irish family, the founder of Glen Dimplex Dr Martin Naughton, has donated €25m to the project.

The State is adding another €15m and the rest of the funding for a new institute at the college comes from a variety of sources.

Expected to be completed by 2022, the new building will cater for an additional 1,800 STEM students, which is 50% increase on current STEM numbers at the university, and a 10% increase in overall student numbers here.

It will be called E3 - for Engineering, Energy and Environment.

Dr Naughton said Ireland was going to need increasing numbers of engineers scientists and other STEM graduates to work together to tackle the big global challenges we face.