NORTHERN DEVELOPMENT INITIATIVE TRUST
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here are over 30 billion in major projects and investment opportunities planned in Northwest British Columbia The communities of Northwest British Columbia are welcoming new investment to spur regional economic development with the launch of the Invest Northwest BC web portal – www.investnorthwestbc.ca. Invest Northwest BC provides detailed information on over 30 billion dollars of major projects and investment opportunities planned in the region. Northwest British Columbia has a wealth of underdeveloped forest, mineral and coastal resources with numerous large-scale projects underway and planned within the coming decade. Investors can access the latest, up-to-date information on dozens of major projects and connect directly with private developers and community leaders through the Invest Northwest BC web portal. BC Hydro’s Northwest Transmission Line, an approximately 344 km, 287 kV transmission line originating in Terrace, B.C. and running north along Highway 37 will provide clean power to billions of dollars in new industrial developments, enable new renewable energy generation projects and allow rural communities to access the electricity grid. The Northwest Transmission Line leverages unprecedented private-sector investment in the region and is regarded as a catalyst for the economic renewal of Northwest British Columbia. In addition to the Northwest Transmission Line, Kitimat LNG is currently developing a 4.5 billion new liquefied natural gas terminal in Kitimat that will connect Apache Canada and EOG Resources’ gas fields in British Columbia and Alberta with new international markets. RioTinto Alcan is undertaking a 2.5 billion expansion of its aluminum smelting operations in Kitimat, B.C. that will be complete by 2013. In Prince Rupert,
there is unparaleled new investment planned and underway in transportation and logistics infrastructure to enable British Columbia to increase its international export capacity. These investments include 2.5 billion in investment in the Port of Prince Rupert’s Gateway 20-20 projects that will see the addition of a new bulk terminal for potash exports, an export/ import logistics park, an automobile import terminal and more. The Port of Prince Rupert is also working with Pinnacle Renewable Group to develop a recently announced wood pellet export facility on the north coast that will provide significant export capacity for British Columbia’s wood pellet industry and connected forestry sectors. In addition to these multibillion-dollar projects, every community in Northwest B.C. has major projects planned and unique investment opportunities ranging from the Hudson Bay Mountain Resort’s development in Smithers and the expansion of port infrastructure in Stewart, to the investment in an expanded airport in Masset on Haida Gwaii and billions of potential new investment in gold, copper, silver, molybdenum and coal mines planned throughout the region. Visit Invest Northwest BC for direct contact information with every company and community leader in Northwest British Columbia and for the latest information on major projects and investment opportunities. www.investnorthwestbc.ca
BC
PORT CITY ON THE MOVE
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