May 14, 2007
Federal government announces projects for Asia-Pacific Gateway
Surrey, British Columbia – The federal government has announced $491.7 million in funding for ten strategic infrastructure projects for the Asia-Pacific Gateway and Corridor Initiative. The projects include highway and intersection improvements, and road/rail separations.
“We’ve made tremendous progress on the Initiative in the past year,” says David Emerson, Minister of International Trade and Minister for the Pacific Gateway and Vancouver-Whistler Olympics. “With ten projects set to get underway, we’re showing Canadian and international companies that we’re committed to establishing the Asia-Pacific Gateway as the link between North America and Asia. We’ve chosen projects that will benefit the communities and upgrade local infrastructure.”
The government has committed over $1 billion to the Initiative, with $800 million going to projects in British Columbia. Of the ten projects announced in the new funding, six will be in B.C., in recognition of its geographic location as the entry and exit point for trade traffic between Asia and North America; four other projects are in Alberta, Saskatchewan and Manitoba.
The Asia-Pacific Initiative was launched in October 2006; progress has already been made in construction, planning, project selection, port amalgamation, policy development, technology application, international cooperation and marketing.