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10/20/2023
The Prince Rupert Port Authority is beginning construction on the Ridley Island Export Logistics Project (RIELP), a large-scale logistics project that will provide expanded capacity and capabilities for rail-to-container transloading of multiple export products at the Port of Prince Rupert in British Columbia.
The project will consist of a 108-acre greenfield development on Ridley Island that is expected to begin operations in third-quarter 2026, port authority officials said in a press release. Ray-Mont Logistics will develop and operate facilities that provide transloading service capacity for 400,000 20-equivalent units (TEUs) for agricultural, forestry and plastic resin products. Ray-Mont currently operates a multiproduct transload facility at a temporary Ridley Island location. The project will also include an expansion of the existing Ridley Island Road Rail Utility Corridor that will facilitate 10,000-foot unit trains with direct access to the site from CN's network.
The CA$750 million project is being funded by the port authority, Ray-Mont, CN, and the Canadian and British Columbia governments. Canada's National Transportation Corridor Fund is providing CA$68 million and the province's Stronger BC program is contributing CA$25 million toward the project.