MONTREAL, Feb. 15 /CNW Telbec/ - Ms. Sylvie Vachon, President and Chief
Executive Officer of the Montreal Port Authority, announced in a speech
made at today's Hot issues@lunch networking event organized by the
Board of Trade of Metropolitan Montreal (BTMM) that an interim
committee has been set up to analyze the possibilities of forming a
logistics and transportation industrial cluster in the Montreal region.
Sylvie Vachon chairs this committee, which was established at the
initiative of the Communauté métropolitaine de Montréal (CMM). "This
initiative by the CMM and its Government of Quebec partners confirms
the status of Montreal and its port as a transportation hub. Creating
this industrial cluster fosters the inception of promising projects for
Greater Montreal," stated Ms. Vachon. Port activity supports 18,200
jobs and generates $1.5 billion in economic spin-offs per year.
On the Port of Montreal's capacity to meet global market demands and the
needs of Port of Montreal clients, Ms. Vachon pointed out that
investment projects currently underway on Port of Montreal territory
will make it possible to raise the annual maximum container handling
capacity from 1.6 million to 2 million containers by 2016. At the same
time, in 2010 the Montreal Port Authority completed technical studies
on its Contrecoeur site, where the port could expand when the time
comes. "We still have to validate several parameters, including the
matter of funding that we're now looking into," stated Ms. Vachon. This
project could bring the Port of Montreal's maximum container capacity
to more than 3 million containers, close to double its current
About the Port of Montreal
Operated by the Montreal Port Authority (MPA), the Port of Montreal is a
major diversified transshipment centre that handles all types of goods
- containerized and non-containerized cargo, liquid bulk and dry bulk.
It is a leading container port served by seven of the ten largest
container shipping lines in the world. Close to 1,331,351 TEUs
(twenty-foot equivalent units) were handled at the Port of Montreal in
2010, representing 12,033,434 tonnes of cargo.
The Port also handled 8,151,136 tonnes of liquid bulk, 3,204,076 tonnes
of dry bulk, and 2, 380,863 tonnes of grain in 2010.
The Port of Montreal owns its own rail network, operated directly on the
piers. It is connected to the two nationwide railways and a highway
system. The Port also operates its own grain terminal and a marine
passenger terminal that welcomed 48,180 passengers and crew members in
2010. All the other terminals are operated by private stevedoring
firms. Port activity supports 18,200 jobs and generates $1.5 billion in
economic spin-offs per year.
SOURCE PORT OF MONTREAL
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