Port of Québec attracts major International Organizations
QUÉBEC, June 22, 2020 /CNW Telbec/ - The Laurentia Project will become the cornerstone of a new and dynamic global ecosystem for innovation in logistics and maritime transportation technologies with the announcement today by the Québec Port Authority of the signing of memorandums of understanding with seven major partners from the maritime, transportation and research world. The international partnerships that will be created by these agreements will ensure that the Québec City regional economy will enjoy significant benefits well beyond the core investment of $775 million already planned for the construction of the Québec Container Terminal, the 1,000 sustainable jobs related to the terminal operation, and the estimated $100 million of annual economic impact. It will further ensure that the local region surrounding one of the world's most technologically advanced and environmentally clean container terminals will become an incubator for new technologies, research and scientific exploration. The linking together of Hutchison Ports, the Port of Rotterdam, CN, PortXL, Québec International, Université Laval, Québec City and the new logistics services supply chain associated with the new container terminal will create an exciting launchpad for Québec-based enterprises to reach world markets.
A catalyst for Québec's know-how
Thanks to these agreements, Québec is integrating a global network of maritime industrial and technological expertise that will become a catalyst for the enterprising spirit and know-how of our regional business and scientific communities. As a result, Laurentia will become an economic engine powering the creation of commercial enterprise and entrepreneurship with advanced technologies in sustainable maritime transportation and logistics. The new Québec centre for global maritime and logistics innovation will attract researchers and startups in the sector to capitalize on and enrich the culture of innovation in the Québec City region. Hutchison Ports, with its international network that spans 52 ports in 27 different countries, will help connect and promote Québec-based technologies and innovation enterprises with opportunities around the world.
In terms of innovation and technological development, the innovation zone will benefit from the presence of Université Laval and Research Chairs recognized in Québec for the advances they have made in the fields of artificial intelligence, supply chain optimization and green technologies in maritime transportation.
Strategic positioning along the St. Lawrence River valley
In terms of maritime trade, the new intermodal logistics corridor established by the Québec Container Terminal project will revitalize the economic vitality of the St. Lawrence, and it is anticipated that the collaboration created by the Innovation Zone will assist in the introduction of even greater optimization and technological enhancements over the coming years. The outcomes will keep the Port of Québec and the St. Lawrence supply chain at the leading edge of fast, efficient and economical trade between North America and world markets.
In addition, after Singapore, Rotterdam and Antwerp, these agreements mark the opening of PortXL's very first branch in North America. PortXL, a leader in the technological integration of port activities and the acceleration of new logistics-based innovations, will further assist in the promotion and sharing of best practices between international operators in the maritime sector and academic institutions.
"When we see the quality of the partners who have embarked on this adventure, we understand that this initiative for commercial positioning represents a unique opportunity for Québec City. In addition to hosting some of the greenest and most technologically advanced facilities in the world, Laurentia will generate more than $100 million in economic spinoffs each year for the Greater Québec area."
-Régis Labeaume, Mayor, City of Québec
"It is a source of great pride for the Port of Québec to be associated with these strategic partners of international scope as this confirms the essential role of the Québec City region as a hub for intelligent intermodal transport at the confluence of a maritime network connecting the main international markets. These agreements further recognize the highly coveted expertise of our academic institutions and that of our businesses in accelerating innovation and contributing to the advancement of the maritime and logistics sector on a global scale."
-Mario Girard, President and CEO, Québec Port Authority
"We are pleased to collaborate with Québec's innovation zone on green technology development. We are also excited to partner with the Québec Port Authority and CN to develop the Québec container terminal. Québec City will become Hutchison Ports' gateway to the East coast of North America. With its fully intermodal deep-water port, its strategic location to reach the Midwest market, and the strong support shown by the local authorities, the Québec project has all the attributes to be successful in this highly important market."
- Clemence Cheng, Executive Director, Hutchison Ports
"With a 32,000 km network spanning three coasts, CN is committed to providing efficient and safe transportation of goods across North America, both to and from overseas markets. In partnership with Hutchison Ports and the Port of Québec, customers will benefit greatly from the integrated operation of the port and the terminal - a unique supply chain - generating value and efficiency."
- Jean-Jacques Ruest, President-CEO, CN
"In an era in which energy transition and digitization are rapidly and fundamentally changing supply chains for ports, innovation has become a must-have for every port and everyone involved in the port supply chain. By connecting the innovation ecosystems of the ports of Québec and Rotterdam we will create opportunities for both the port of Québec and for Port of Rotterdam."
- René van der Plas, Director, Port of Rotterdam International
"By becoming the most technologically advanced and greenest logistics hub in North America, the Laurentia project fits perfectly into the vision of the Port XL network. Our international accelerator could not have hoped for better than Québec City to support and build North America's sustainable maritime growth."
- Carolien Vat-Sandee, Director and Founder, PortXL
"Working to develop and promote local businesses, Québec International is proud to support the promoters of the Laurentia project in order to contribute to the port area becoming an international hub with total integration within Québec City's DNA."
-Carl Viel, President and CEO, Québec International
"Université Laval is proud to contribute to the development of research in the fields of artificial intelligence, supply chain optimization and green technologies. This major project will allow Québec City to attract and mobilize talent in this promising sector."
- Sophie D'Amours, Rector, Laval University
- The global network that will be created from the signing of the memorandums of understanding is expected to be operational in the fall of 2020.
- Laurentia represents private investment on the order of $775 million.
- Laurentia will create more than 1,000 sustainable jobs once in operation.
- The project will generate annual economic spinoffs estimated at $100 million.
- The signatories to the three multilateral agreements are Hutchison Ports, the Port of Rotterdam, PortXL, Québec International, Université Laval, CN and Québec City.
- The agreements will make the Port of Québec the most technologically advanced and greenest container transportation logistics hub in North America.
To learn more, watch the MOUs' presentation video here: https://youtu.be/xZTaRzXCHUo
Thanks to a joint $775 million investment by Hutchison Ports, CN, and the Port of Québec, Laurentia will be the deepest container terminal with the greenest environmental characteristics in North America. It will provide the fastest and most cost-effective access to markets on the North American continent by opening a new maritime highway between Southeast Asia and the Port of Québec starting in 2024.
Creator of 7,000 direct, indirect and spinoff jobs in Canada (equivalent to 1,750 full-time jobs/year) during its construction from 2021 to 2024, and more than 1,000 direct (highly paid), indirect and spinoff jobs in Canada once activity starts, the Laurentia container terminal will increase and secure the supply and export chain for Québec and the rest of the country.
SOURCE PORT OF QUEBEC
For further information: Sébastien Verret, 581 996-1346, [email protected]