Helping grow Canada's exports to fast-growing Asian markets throughVancouver's South Shore Trade Area

VANCOUVER, Feb. 21, 2013 /CNW/ - Construction of the South Shore Corridor Project, an important investment at Port Metro Vancouver, was celebrated today by the Honourable Ed Fast, Canada's Minister of International Trade and Minister for the Asia-Pacific Gateway; and Robin Silvester, President and CEO of Port Metro Vancouver, as well as other terminal and railway partners.

The South Shore Corridor Project will separate road and rail traffic at 10 current conflict points along Stewart Street, adjacent to Port Metro Vancouver's terminals and the South Shore Trade Area's railway corridor. Additionally, the project will provide associated intersection and roadway improvements, as well as corridor-wide improvements such as upgraded signage and the installation of Intelligent Transportation Systems (ITS).

"Our government's top priority is creating jobs, economic growth and securing long-term prosperity for Canadian families," said Minister Fast. "By enhancing the overall operations and roadway efficiency and safety for truck traffic involved in the movement of international trade through the South Shore Trade Area, as well as provide space for increased rail capacity, this project is helping to increase Canada's exports to fast-growing Asian markets."

"Together with the Government of Canada and key industry partners, we are delivering critical infrastructure on the South Shore that will improve efficiency and reliability," said Port Metro Vancouver President and CEO, Robin Silvester. "The South Shore Corridor Project will reduce road and rail conflicts and improve supply chain capacity and operating efficiency, helping meet the needs of Port Metro Vancouver's customers now and into the future."

The South Shore Trade Area (SSTA) encompasses the transportation network along the south shore of Burrard Inlet. It is an export gateway, and provides a critical connection to markets overseas. As part of its commitment to the Asia-Pacific Gateway and Corridor Initiative, the Harper government is investing approximately $31 million into the $75-million South Shore Corridor Project to help boost Canada's economy, increase exports and create jobs for Canadians.

SOURCE: Transport Canada