Inside Logistics

Feds investing over $100 million in Vancouver port


July 24, 2019
by

VANCOUVER – The federal government will be spending $102 million for five infrastructure projects at the Port of Vancouver.

The projects are:

  • $42.7 million to consolidate the operations of the Annacis Auto Terminal and the Richmond Terminal to accommodate the growing Asian automobile market and improve rail operations in the area.
  • $12.2 million to improve road and rail traffic operations and develop new rail-serviced bulk export marine terminals within the Fraser Surrey Port Lands.
  • $39.4 million to improve traffic flow and reduce congestion in the Portside/Blundell corridor in Richmond.
  • $1.6 million to explore ways to handle increased trade volumes by evaluating the viability of short sea shipping in Greater Vancouver.
  • $6 million to develop a real-time dashboard for the Ports of Vancouver and Prince Rupert to measure end-to-end performance of the supply chain for all cargo moving through both ports.

These investments are expected to have important economic and employment benefits for the region by creating an estimated 2320 jobs in the region during construction.