Deals
Vancouver Port Authority Seeks Partners for $2.7 Billion Project
A rendering of the proposed Roberts Bank Terminal 2 project.
Source: Vancouver Fraser Port Authority
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The Vancouver Fraser Port Authority is seeking investment partners to finance the construction and operation of a container terminal expansion that’s been delayed for several years.
The authority began reaching out to investors about a week ago regarding the project, at Roberts Bank in Delta, British Columbia, which may cost as much as C$3.5 billion ($2.7 billion), Chief Executive Officer Robin Silvester said Tuesday in an interview.