Cairn Homes will invest the capital over the next five years.
The country's largest home builder is investing 10 million euro in a new Apprenticeship Academy to help grow the Irish construction sector's skills base.
The Government has identified that increasing the number of construction apprentices across the residential sector as an important part of delivering its Housing for All strategy.
Cairn said today it is committed to working with Government to tackle the challenges currently being experienced in housing supply.
The new Academy will provide several supports to incentivise new entrants into the construction industry, whether they are school leavers or workers who would like to re-skill and enter a career in construction.
Higher Education Minister, Simon Harris, says they're on track to see 9,000 new registered apprentices in the country this year:
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