Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
Canada : Government of Canada invests in transportation infrastructure at the Port of Prince Rupert to move goods to market
Publish Date : 06-Sep-2019
The quality of Canadas transportation infrastructure and the efficiency of the countrys trade corridors are key to the success of Canadian companies in the global marketplace. The Government of Canada invests in infrastructure projects that create quality, middle-class jobs and support economic growth.
Today, the Honourable Marc Garneau, Minister of Transport, announced major investments for three projects to increase capacity at the Port of Prince Rupert and move Canadian goods to international markets. The three projects totaling $153.7 million are part of the Governments long-term strategy of a stronger West Coast trade gateway. They will have substantial impact on the regions economy and are expected to create 3,100 jobs during construction.
The first project, led by the Prince Rupert Port Authority, is the building of a double-track bridge across the Zanardi Rapids. It will increase rail capacity on key rail routes and accommodate growth in imports and exports at the Port of Prince Rupert while allowing trains to arrive and depart simultaneously across the expanded Zanardi Bridge. The second project will provide additional rail capacity and reduce rail congestion to better serve the bulk and container facilities on Ridley Island. It will contribute to the development of a hub to transfer shipments from one mode of transportation to another, which will improve the effectiveness of the supply chain for Canadian producers.
The third project, led by the Metlakatla Development Corporation, will develop land for import and export logistics facilities strategically located near the Fairview Terminal and a container yard. These facilities will provide capacity adjacent to the Port from which to load and unload 175,000 twenty-foot containers [equivalent to more than 66,000 railcars] per year, increasing the regions trade growth and Port of Prince Ruperts overall efficiency. Work includes clearing the site, and building roads, electrical and communications systems, water main installation, sanitary treatment facilities, and storm drainage.
Expanding capacity at the Port of Prince Rupert, including making better use of the Ridley Island area strengthens economic prospects for the middle class by supporting immediate trade diversification and increases exports to Asian markets.
The Government of Canada is supporting infrastructure projects that contribute most to Canadas success in international trade. Trade diversification is a key component of the National Trade Corridors Fund, through projects that: improve the performance of the transportation system to increase the value and volume of goods exported from Canada to overseas markets; and generate new overseas trade as a result of the investment.
