New Canadian Intermodal Corridor to Support Port Terminals
The Port of Prince Rupert's Road, Rail and Utility Corridor is intended to support billions in new terminal developments.
A groundbreaking at the Port of Prince Rupert today marked the start of construction of the port's $90-million Road, Rail and Utility Corridor project, which will support billions in new terminal developments and boost Canada's trade capacity and exports to fast-growing Asia-Pacific markets.
The Road, Rail and Utility Corridor will be a catalyst for significant terminal developments being advanced through private sector investment on the Ridley Island Industrial Site at the Port of Prince Rupert. The project includes construction of five parallel rail tracks, a two-lane roadway, and a port-owned power distribution system along an eight-kilometre corridor. This will provide shared-use infrastructure for proposed potash, liquefied natural gas (LNG) and other terminals on the island. The capital costs of the terminal developments are currently estimated in the billions of dollars. The first phase of the project will be completed in December 2014.
The project's contractor is Prince Rupert Constructors, a joint venture between Coast Tsimshian Enterprises (a local First Nations firm), JJM Construction Ltd., and Emil Anderson Construction Inc.
The Ridley Island industrial site is located some 8.5 kilometres from downtown Prince Rupert, and is under the jurisdiction of the Prince Rupert Port Authority.
"This project will connect Canada's proven capacity for resource production to growing markets in the Asia-Pacific region and is the largest in Prince Rupert since construction of the Fairview Container Terminal," said Bud Smith, Chairman of the Board of the Prince Rupert Port Authority. "We are integrating the new terminals into the world-class service and security architecture at the Port of Prince Rupert. Through our increasingly diversified port complex, the Canadian resource sector will be linked to a world of opportunity."
The Port Authority's Gateway 20/20 Plan foresees reaching an annual throughput capacity of 100-million tonnes of cargo as proposed terminal developments are completed.
The $90 million utility corridor is being funded jointly by the Governments of Canada and British Columbia, who have each contributed $15 million, and CN and the Port Authority, who have each committed $30 million.