MONTREAL — Contrecoeur Terminal °µÍø½ûÇøors General Partnership, which is comprised of Aecon (40 per cent) and Pomerleau (60 per cent), has reached financial close on a design-build contract with the Montreal Port Authority for the Port of Montreal Expansion in-water works project in Contrecoeur, Qué.
According to a release, the contract was finalized under a progressive design-build approach and is valued at $609 million.
The scope of work includes preparatory work, dredging, the construction of dock infrastructure, quay walls, return walls and auxiliary activities. Preparatory work will now begin, with construction expected in 2026.
Completion is scheduled for 2030.
The Contrecoeur terminal is part of the largest container port in Eastern Canada. The terminal will connect to major rail and highway networks.
Prime Minister Mark Carney included the port expansion in his government’s list of five nation-building projects to be fast-tracked under new legislation.
The port wants to increase its capacity by expanding the Contrecœur terminal to eventually handle an estimated 1.5 million containers annually.
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