Port of Montreal: DP World JV- Rail Terminal Expansion

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Introduction

On September 4, the Port of Montreal in Quebec signed a joint development agreement with DP World in Canada for the design of land-based assets for a container terminal.

Joint Development Agreement

The joint development agreement, signed with DP World in Canada, a joint venture between DP World and La Caisse, pertains to the design of land-based assets for a container terminal. The financial details of the agreement were not released.

Project Scope

The agreement supports the port’s expansion project, which includes a container terminal with two berths. The project also involves a container handling area, a rail yard, a truck gate facility, and support facilities, as stated in a press release from port officials.

Responsibilities

Under the joint development agreement, the port authority and DP World will finalize the terminal’s design and construction terms. DP World will handle all land-based work, including the container yard, buildings, utilities, and rail connections. The port authority, in collaboration with Pomerleau and Aecon, will oversee the water assets.

Next Steps

The agreement outlines the next steps for the Port of Montreal’s expansion project. The finalized design and construction terms will pave the way for the terminal’s development.

Conclusion

The Port of Montreal and DP World in Canada have entered into a joint development agreement to design land-based assets for a new container terminal, with DP World overseeing land-based construction and the port authority managing water assets in collaboration with Pomerleau and Aecon.

Company Summary

Port of Montreal: Located in Quebec, the Port of Montreal is undertaking an expansion project to include a new container terminal.

DP World in Canada: A joint venture between DP World and La Caisse, DP World in Canada is involved in the design and construction of land-based assets for the Port of Montreal’s container terminal.

La Caisse: A partner in the DP World in Canada joint venture.

Pomerleau: Collaborating with the Port of Montreal on the water assets of the container terminal.

Aecon: Collaborating with the Port of Montreal on the water assets of the container terminal.

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