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Vancouver Island First Nation signs historic MOU with province and feds

Vancouver Island First Nation signs historic MOU with province and feds
vancouverisland.ctvnews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vancouverisland.ctvnews.ca Daily Mail and Mail on Sunday newspapers.

Nanaimo inks deal on massive port expansion, lays foundation for international shipping

  VICTORIA The Port of Nanaimo has finished penning its lease agreement with international shipping company DP World to expand the city s Duke Point terminal and pave the way for global shipping. The 50-year lease agreement, finalized Wednesday, will see the Duke Point terminal berth extended from 182 metres to 325 metres and will fund the creation of new facilities and equipment. New administrative, maintenance and warehouse buildings will be constructed and the current diesel quay crane will be replaced by two electric cranes that can accommodate up to 16 shipping containers. The terminal s container yard will also be expanded, creating space for a total of 280,000 standard shipping containers. Amenities like drainage, water, sewer, electrical and security systems are also slated for upgrades.

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