New Funding to Help Upgrade Port Saint John
- Business & Finance
The New Brunswick and federal governments have announced more than $136 million in funding to help modernize Port Saint John.
This project involves upgrading and consolidating the Rodney and Navy Island terminals to allow the Port to accommodate larger vessels.
New operational systems and technology will also be installed to enhance cargo-handling capabilities.
Once complete, the work will help ensure the port can support growth and meet increasing demand, reinforcing its status as a global shipping link while stimulating economic activity and development at the local, regional and national level.
The funding was announced yesterday by the Honorable Brian Gallant, Premier of New Brunswick, and the Honorable Dominic LeBlanc, Minister of Fisheries, Oceans and the Canadian Coast Guard, and Member of Parliament for Beauséjour, on behalf of the Honorable Amarjeet Sohi, Minister of Infrastructure and Communities.