Significant Investments in Port of Trois-Rivières
- Business & Finance
François-Philippe Champagne, Parliamentary Secretary to the Minister of Finance and MP for Saint-Maurice—Champlain, has announced significant investments in the Port of Trois-Rivières development.
The project involves extending dock 10 towards the east and filling the space between this extension and the current dock 9.
This scheme will increase exterior storage space in this area from 3,000 m² to 12,000 m², which will enable increased shipping of a large variety of products and non-containerized general cargo.
As a result, this will improve the competitiveness of shipping on the St. Lawrence and of the region’s manufacturing companies.
Extending dock 10 and improving storage capacity are part of the improvements to a multi‑purpose zone totaling $40 million in infrastructure investments between 2015 and 2017.
The Government of Canada has committed up to $16.3 million from the Gateways and Border Crossings Fund.
From this amount, $3.6 million is being invested specifically in the dock extension.
The Government of Quebec will contribute up to $4.9 million from the Programme de soutien aux investissements dans les infrastructures de transport maritime [program to support investments in maritime transportation infrastructure], adopted as part of the Government of Quebec’s maritime strategy.
The Trois-Rivières Port Authority will cover the rest of the project costs, estimated at $18.8 million. In addition to these infrastructure investments, $15 million from the private sector will be provided for handling equipment.
This announcement completes the implementation of the multi-purpose zone. Sheds 24 and 25 have already been completed. The construction of Terminal 13 is ongoing and will be completed at the end of the year.
Work on dock 10 will begin in 2016.