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Thursday, July 10, 2025

Canada’s Top Port Seeks Builder to Add 70% Capacity in Asia Trade Push

 


The Port of Vancouver, Canada’s main trade gateway to Asia, kicked off the search for a company to build a new wharf to handle 70% more containers, as the country looks for ways reduce economic reliance on the US.

The work is expected to cost at least C$3 billion ($2.2 billion), Victor Pang, the port’s chief financial officer, said in a phone interview. The Roberts Bank Terminal 2 Project has been in the works for more than a decade, but the port’s move to send out a request for qualifications to build it shows that it’s moving ahead.


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