WASHINGTON, D.C.--The $350 million Maher Melford Terminal in Nova Scotia is a finalist for recognition as a North American Project of the Year by CG/LA Infrastructure.
“Project of the Year awards recognize the upcoming groundbreaking infrastructure initiatives of the year and the creativity and ingenuity of those leaders who make them happen,” said CG/LA Infrastructure President and CEO Norman F. Anderson. “The 100 percent privately funded Maher Melford Terminal is among the top projects that will help to improve North American competitiveness for the next 10 to 20 years, as it is the closest port to Europe and Asia via the Suez Canal.”
The winner will be announced at the upcoming 5th Annual Strategic Infrastructure Leadership Forum at the Mayflower Renaissance Hotel in Washington, D.C. The event runs from Oct. 29 to 31, with the awards ceremony scheduled for 2 p.m. on Oct. 30.
Paul Martin, President of Melford International Terminal, Inc., and Mike Uberoi, Chief Operating/Finance Officer, will be presenting the project at the forum.
The Finance Project of the Year establishes and/or most extends an innovative finance model, moving the region closer to more, better and faster infrastructure investment.
Project of the Year finalists are among the Strategic Top 100 North America projects list by CG/LA Infrastructure – valued at $435 billion – in advance of the North American Infrastructure Leadership Forum. The forum is designed to double the level of infrastructure investment in North America, and dramatically improve the quality and productivity of that investment.
Project of the Year awards are given in five categories covering strategic projects, financing, engineering, job creation and environmental impact. All projects are planned to begin within the next three to 18 months.