Business New Brunswick / Office of the Premier

Investment made in port authority project (10/06/10)

NB 945

June 10, 2010

SAINT JOHN (CNB) - The provincial government and the Saint John Port Authority have reached an agreement-in-principle that will substantially improve Rodney Terminal, located on the city's west side.

Premier Shawn Graham made the announcement during a speech to the cruise industry in Saint John today.

"When completed, this project will make the Port of Saint John an even more attractive location for local and international users," he said. "This enhancement will enable the Port of Saint John to provide even better service. That's great news for the many shipping and trucking companies that depend on the port for business."

The provincial government has agreed to invest $700,000 in a $1.4-million project to replace the asphalt at the port's west-side access road and container terminal entrance. The investment will also be used to replace and refurbish decking, piles and pile caps at Rodney Terminal.

The project is expected to begin in mid-July and finish in September 2011. It will benefit port users, including Saint John-based shipping, trucking and stevedoring companies. It will also make the port a more attractive location for additional major container shipping lines, which would provide New Brunswick exporters and importers direct access to the global market.

Rodney Terminal is New Brunswick's only terminal capable of receiving container shipments.

"The improved terminal will help ensure the smooth flow of imports and exports through the port," said Graham. "In these ways, this facility will support the local economy and that of our province, moving us forward on our journey to self-sufficiency."

10/06/10

MEDIA CONTACT: Ashley Bursey, communications, Business New Brunswick, 506-461-0942, ashley.bursey@gnb.ca.

10/06/10