DIEPPE, N.B.—The New Brunswick and federal governments are investing about half a million dollars in the expansion of the industrial park in Dieppe.
"Our government’s investment in Expansion Dieppe Inc. will help the organization move forward with plans for the expansion of the Dieppe Industrial Park," said Moncton–Riverview–Dieppe MP Robert Goguen.
"The extension of Aviation Avenue will create greater business and economic growth opportunities for Dieppe and the surrounding area."
The new funding will assist with the costs of engineering plans, designs and specifications including quotes for the construction budget for the Phase 2 expansion of the Dieppe Industrial Park.
The provincial and federal governments are each contributing $250,000 towards the project.
"We are pleased with the federal and provincial governments’ contribution to the expansion plans for Dieppe Industrial Park," said Dieppe Mayor Yvon Lapierre.
"The plans for the construction of Phase 2 demonstrates how this section of the city is teeming with activity. The sale of lots in Phase 1, completed in 2010-11, was successful with more than 80 per cent of lots sold or under negotiation. Planning for Phase 2 will allow us to have more lots ready to accommodate the investments of entrepreneurs in order to pursue our goal of a thriving, sustained and diversified economy in our municipality."
The second phase of the expansion project includes the extension of Aviation Avenue south of the Trans-Canada Highway, which will provide about 100 acres of land for commercial or industrial development.
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