Cliff Stewart, the vice president of infrastructure with Port Metro Vancouver, discussed industry trends with the Independent Contractors and Businesses Association Industry Outlook on April 23 in Burnaby, B.C.
$500 million a day goes through Port Metro Vancouver, and Stewart said the port is the largest in Canada.
All levels of government have been investing over $6 billion in transportation infrastructure to facilitate "gateway" trade, which has unleashed the private sector to also spend more than $350 million in private sector project investment.
Goods movement projects are "all over the Lower Mainland," Stewart said, and the investment in transportation infrastructure is what has enabled that capacity.
DeltaPort facility is one facility that has been built up from this capacity, and there is also a new container examination facility in the works.
There is also a proposed Roberts Bank Terminal 2 project. That project will not start construction until 2018, but it will be a design—build three berth container terminal with additional P3 elements, and should be online by 2024.
Looking at the future, Stewart said the goals are to grow a sustainable port and to continue with the Asia-Pacific and Corridor Initiative, as well as identify transportation bottlenecks and apply for more projects by the end of the year.
Port Metro Vancouver has also completed a Land Use Plan for all their facilities and is following its Port 2050 mission statement issued a few years ago.
"The one thing we all face is constrained land base, and we need an industrial land reserve in place before it's all gone," Stewart said.