The Port of Prince Rupert has announced plans to expand its container terminal capacity by 2 million TEUs. See media reports below.
THIS IS GREAT NEWS FOR CANADIANS AND FOR THE GOVERNMENT OF CANADA!
Now, the $3.5 to $4 Billion of public money that the Port of Vancouver was planning to spend on their RBT2 container terminal expansion project can be deployed to areas where there is no private sector investor, including important in-land road and rail infrastructure projects.
In addition to Prince Rupert’s container terminal expansion plan, GCT’s Deltaport Berth 4, also privately-funded, will add up to 2 million TEUs of West Coast container terminal capacity incrementally, as it is needed.
It is time for the Government of Canada to stop the Port of Vancouver’s RBT2 expansion plan and let the private sector fund market-driven container terminal expansion projects.
AECOM WINS FEASIBILITY STUDY FOR DP WORLD PRINCE RUPERT TERMINAL
DP WORLD EYES SECOND CONTAINER TERMINAL AT PORT OF PRINCE RUPERT