New Investments in Port of Saint John

The Provincial Government will invest up to $68.3 million over seven years, through the Strategic Infrastructure Initiative, towards the expansion and modernization of the Westside terminals at the Port of Saint John.

This important strategic infrastructure investment will create jobs and long-term economic growth for the port city, the Fundy region and our entire province,” said Premier Brian Gallant. “The expansion of the Port of Saint John will increase the competitiveness of businesses in the Saint John area and across the province allowing us to increase exports.”

Gallant and Economic Development Minister Rick Doucet made the announcement today with other government and senior officials of the Port of Saint John. Funding is conditional on the federal government and the Port of Saint John each having sources of funding.

The Strategic Infrastructure Initiative project will modernize the Rodney and Navy Island terminals and leverage positive aspects of the current infrastructure to allow the port to accommodate larger vessels. New operational systems and technology will also be installed to enhance cargo-handling capabilities.

Close to 2,000 jobs will be created over the seven-year period of the project with a $152 million boost to the province’s gross domestic product.

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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