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Home›Business & Finance›$6.6 Million for Pointe aux Basques Terminal Project
Business & Finance

June 21, 2019 · about 7 years ago

$6.6 Million for Pointe aux Basques Terminal Project

Canada’s Minister of Transport, Marc Garneau, has announced a significant investment of $6.6 million aimed at improving the infrastructure of the Pointe aux Basques terminal. The investment in the Pointe aux Basques terminal – located in the Port of Sept-Iles, 650 kilometers down river from Quebec c

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Canada’s Minister of Transport, Marc Garneau, has announced a significant investment of $6.6 million aimed at improving the infrastructure of the Pointe aux Basques terminal.

The investment in the Pointe aux Basques terminal – located in the Port of Sept-Iles, 650 kilometers down river from Quebec city on the North Shore of the St. Lawrence – will support the long-term extensive development of the mining industry and help local businesses to compete and ship Canadian goods to international markets.

The project is aimed at rehabilitating the Pointe aux Basques terminal. The planned work includes building a retaining wall along the entire length of the existing wharf and extending the wharf length by approximately 220 meters.

“ Our government is investing in Canada’s economy by making improvements to our trade and transportation corridors. We are supporting projects to efficiently move goods to market and people to their destinations, stimulate economic growth, create quality middle-class jobs, and ensure that Canada’s transportation networks remain competitive and efficient ,” said Minister Marc Garneau.

This work will expand the offer of service in the transit of goods by increasing the capacity of the terminal.

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