MONTREAL—The Montreal Port Authority has revealed the three qualifying bid respondents for the Contrecoeur expansion project.
Axium Infrastructure Canada and Pomerleau Capital; Ports America Holdings; and Terminal Investment Limited were announced as qualifiers for the design-build-finance-operate-maintain project on May 6. Bidders were required to show experience in the design, construction and operation of new port infrastructure as well as in generating new shipping volumes, stated a release.
The finalists will be invited to submit bids in the RFP phase, which will begin in the coming weeks and last approximately 12 months. Announcement of the winning partner is slated for the second quarter of 2023, with financial and commercial closing in the third quarter of 2023 and start of construction within the year.
The terminal is expected to be commissioned by the end of 2026 and involves the development of a new container terminal able to handle up to 1.15-million containers.
The $750-million-plus project will generate close to 8,000 direct, indirect and induced jobs during construction, the port authority stated.
“The request for qualifications process confirmed the strong interest in our project locally, nationally and internationally. Citizens, consumers and the business community can look forward to yet another milestone towards the successful completion of this green and modern container terminal, especially in a global context where we need more resilient supply chains,” stated port authority CEO Martin Imbleau in a statement.
Recent Comments
comments for this post are closed