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News » Canada » Plans announced for $400m Québec container port » published 15 Dec 2017

Plans announced for $400m Québec container port

Plans have been announced for construction of a container terminal in Québec.

Québec Port Authority (QPA) said that the container terminal project will require a CA$400m investment. It involves a 610m extension of the wharf line, development of a 17ha area behind the wharf and a link-up with existing rail and road networks.

The initiative, which is part of the Beauport 2020 expansion project, is the culmination of a lengthy process by the QPA to identify economic niches with the highest potential for future development.

After multiple technical and commercial studies, the QPA has come to the conclusion that building a container terminal is the best way to leverage the site. The project is seen as having the potential for creation of a new international economic hub geared toward logistics, distribution centers, and new businesses.

Port president and CEO Mario Girard said that the Port of Québec has all the strategic advantages needed for the project. He said that the opening of the new 15m-deep Panama Canal in 2016 and the emergence of next-generation ships requiring deep-water ports is completely changing the landscape of commercial shipping. This new 15m standard makes it harder for the St Lawrence, as it currently stands, to compete with American ports in the container market.

The Port of Québec has what it takes to build a container terminal that offers a competitive alternative in the St Lawrence, he said. The port’s proximity to the big St Lawrence - Great Lakes market, with its over 110 million consumers, makes it the ideal location for a container terminal, he said.

“We’ve got a tremendous opportunity here and we have all we need to succeed,” said Girard. “Our vision is simple and strategic: make Québec City a hub for maritime logistics on the continent. We’ll succeed by rallying around this promising project. And in this vein, I’m reaching out to all stakeholders in the St Lawrence so we can all work together to promote the St. Lawrence. More than ever, we must join forces to make the St. Lawrence more competitive.”

 

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This article was published on 15 Dec 2017 (last updated on 15 Dec 2017).

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