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11/22/2016
Canadian government officials last week marked the inauguration of a new container terminal at the Port of Montreal in the Viau sector.The new container terminal will boost the port's handing capacity by 450,000 20-foot equivalent units (TEUs), according to a press release issued by port officials. The terminal, along with work done previously and a second phase yet to be completed, will bring the total handling capacity in the Viau sector to 600,000 TEUs, and the port's overall handling capacity to 2.1 million TEUs.Construction of the new terminal is part of a broader port capacity project that covers the container capacity handling, marine and road access. The Canadian government will contribute a third of the funding of all three projects to a maximum 43.6 million Canadian dollars under the national infrastructure component of the New Building Canada Fund. Of that amount, up to CA$27.2 million is available to fund the new terminal.The Port of Montreal is the second-largest container port in Canada.