NANAIMO, B.C. — The federal government recently announced an investment of more than $6.3 million for a project at the Nanaimo Port Authority that will help local businesses compete by moving goods to market and by making improvements to port infrastructure.
The port authority said in a release it will repurpose the existing Nanaimo Assembly Wharf as a multi-purpose general cargo terminal focusing on automobiles.
The scope of the project will include the design, construction, finance and operation of a 60,000-square-foot vehicle processing centre.
The release explained the project is meant to improve Canada’s supply chain for automobiles imported into the country by addressing the existing transportation bottlenecks and congestion while also providing sustainable economic development opportunities for Nanaimo and Vancouver Island.
The project is expected to have significant economic and employment benefits by creating an estimated 200 jobs during construction and an additional 100 jobs once construction is complete and the processing centre is operational.