The Government of Canada announced a federal investment of $163.8 million for a project at the Bécancour Port and Industrial Park, in partnership with the Government of Québec, for a total investment of up to $327.6 million. The project includes the refurbishment and expansion of port infrastructure, the addition of storage capacity and other measures to improve port access and fluidity in the Bécancour Waterfront Industrial Park.
“Improving the Bécancour Industrial Park and Port will significantly strengthen our critical supply chains. Supporting projects such as this one improves the port’s capacity and stimulates its economic growth. This contributes to building a stronger, more sustainable economy for Quebecers, as well as for all Canadians,” said Anita Anand, President of the Treasury Board and Minister of Transport.
These improvements will reduce congestion, optimize storage space and diversify the Park’s activities. They will also enable the site to meet the needs of new and emerging markets, notably the battery industry, a strategic sector for the economic future of Quebec and Canada.
“The improvements to the Bécancour Waterfront Industrial Park illustrate not only our commitment to strengthening Canada’s supply chains, but also our desire to position Quebec, and more specifically the Energy Transition Valley, as a leader in the battery industry. This strategic investment will support growth in the green economy, while creating quality jobs in the Mauricie region and elsewhere. We are laying the foundations for a successful energy transition for all Quebecers and Canadians,” said François-Philippe Champagne, Minister of Innovation, Science and Industry,
The Société du parc industriel et portuaire de Bécancour (SPIPB) will carry out two port development projects, totaling nearly $328 million, to build a new wharf and new infrastructure at the Bécancour Industrial and Port Park. These projects also include the renovation and extension of two existing wharves, the expansion and paving of storage areas, and the improvement of port access. The initiative aims to consolidate the strategic leadership of Bécancour, which represents the heart of the battery industry, and to continue the development of the Energy Transition Valley innovation zone.
“This announcement marks a significant step towards improving the port infrastructure and services provided by the SPIPB. Our teams are proudly leading the deployment of major projects, and I’m grateful for their tireless efforts. As a native of the Gentilly area, I feel privileged to contribute to such achievements in my region,” said Donald Olivier, president and CEO, SPIPB.
Featured image: (Government of Quebec)