Trois-Rivières awarded financial support for Terminal 21
(Posted on 31/08/21)
A new and significant step has been taken in the Terminal 21 construction project at Trois-Rivières, Canada, with the confirmation of substantial funding of $22.5 million from the Ministère des Transports du Québec under the Advantage St. Lawrence program. Ms. Chantal Rouleau, Minister for Transport, Mr. Jean Boulet, Minister of Labour, Employment and Social Solidarity and Minister responsible for the Mauricie region, and Ms. Sonia Lebel, President of the Treasury Board and MNA for Champlain, made the announcement at the Port of Trois-Rivières.
The port is an important player in regional, national and international economic development for major industrial sectors such as the aluminum industry, forestry and agri-food.
“With this investment, the Government of Quebec is counting on the Port of Trois-Rivières and its Terminal 21 project to make the new maritime vision of Advantage St. Lawrence a reality. We are honoured by the confidence the Government of Quebec has shown in the Trois-Rivières port community. This promising project is in line with our On Course for 2030 development plan, which aims To be an innovative urban port, generating growth, at the heart of a competitive supply chain," said Ms. Véronique Néron, vice-chair of the Port of Trois-Rivières' Board of Directors.
Innovation and environmental compliance will be at the heart of Terminal 21's development. The best of the collective knowledge of the port community and the research community will be called upon to design a terminal that will meet the performance challenges of today and tomorrow. It will serve as a true engine for growth and improvement of the competitiveness of handling operations, in addition to energizing the economy.
“Much more than a port infrastructure, Terminal 21 will be a true innovation laboratory. Along with Advantage St. Lawrence, we are aiming to create a high-performance terminal that will increase the competitiveness of our companies on world markets, particularly those in our region. It will also represent, above all, the terminal for many generations of port workers. It is a matter of building tomorrow's terminal, today,” said Gaétan Boivin, President and CEO of the Port of Trois-Rivières.
The Terminal 21 project will increase the Port's capacity by almost 50%, as it is currently operating at full capacity and more and more companies are looking to use its services to reach international markets. Current infrastructures will be extended westward by 716 metres of dock frontage, covering nearly 100,000m.
The new terminal, which will be used for the transshipment of dry bulk, liquid bulk and general cargo, includes the construction of wharves, retaining structures, road and rail access roads, and storage space. It will require a total investment of approximately $130 million.
Its operation will generate annual economic benefits of $59 million and, in a context of economic recovery; the construction phase will contribute to creating benefits of $76.1 million.
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