Key Takeaways:
- Premier Heather Stefanson said in a statement that the project will help Manitoba achieve its goal of becoming a national and international trade hub.
- The 665-acre rail park will be located within CentrePort Canada, a 20,000-acre inland port in the Rural Municipality of Rosser in Winnipeg’s capital region.
The provincial government announced Friday that a national real estate developer had agreed to develop a rail-served industrial project with North America’s largest tri-modal inland port.
Focus Equities Inc. will build the CentrePort Canada Rail Park, and it is expected to provide a significant boost to Manitoba’s economic growth, trade, business attraction, as well as investment, job creation, and tax revenue.
Premier Heather Stefanson said during a news release that the project supports Manitoba’s vision of becoming a national and international trade gateway.
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The press release says construction will begin in the coming months, with more than $3 billion potential economic impacts. It is expected that over 4,800 jobs will be created.
The 665-acre rail park will be located within CentrePort Canada, a 20,000-acre inland port in Winnipeg’s capital region’s Rural Municipality of Rosser.
According to the release, the park will provide globally connected businesses with large-volume shipping needs with the ability to access, transfer, and transport goods between road and rail, as well as proximity to Winnipeg’s James Armstrong Richardson International Airport.
With the current global supply-chain issues, there has never been a greater demand across the continent for a centralized logistics and shipping location for rail, truck, and air than there is now, according to Focus Equities owner Ken Mariash.
He went on to say that his company has already begun talks with global brands interested in using the new rail park at CentrePort for their transportation infrastructure requirements.
In 2018, CentrePort sent a request for proposals to find a private developer for the project.
According to president and CEO Diane Gray, “significant opportunities exist for CentrePort to continue growing and offer solutions to companies that handle part of their supply chain by rail.”
The rail park project will utilize Manitoba’s central North American geographic location. It will help boost Manitoba’s trade and investment profile domestically, across the continent, and worldwide.
Source: CTV News
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