PAPA CEO on Premier’s India Trade Mission

Zoran Knezevic is hoping to drum up investor interest for trans-shipment hub.

Investor interest is coming from abroad for the Port Alberni Trans-shipment Hub.

Port authority CEO Zoran Knezevic is off on a provincial trade mission to India meant to promote Asian Pacific trade.

The trade mission leaves for India on Friday, Oct. 10, but Knezevic set off three days earlier in order to speak with interested trans-shipment hub investors in China.

“The purpose of the trip is to promote the port authority and its projects and also potentially secure some investors for our porposed container trans-shipment hub,” he said.

The prospective investors are predominantly from China, though Knezevic is hoping to garner more interest from India as well in order to garner the more than $1 billion dollars needed to bring the trans-shipment hub to Sarita Bay.

According to Knezevic, there is a chance for some of that funding to come from either the provincial or federal government but the port authority does not currently have a commitment from either one.

While located some ways down the inlet from Port Alberni, the city still stands to gain from the trans-shipment hub, which could see at least one container ship dock there every week, he said.

“There are a number of spin-off benefits for a project like this,” said Knezevic, including “increased labour and increased employment, thus increasing the population.”

The hub could also bring more industry interest to the region, including ship building and repairs, marine equipment and surveying businesses.

The benefits could also trickle down to the retail and service sectors as well, said Dave McCormick, PAPA Director of Public Relations and Business Development. “Increased employment, increased wages, increased demands for housing… all of these spin-offs have tremondous economic impacts. For every direct job created the spin-offs would be another three to four jobs.”

The port authority is working to ensure that those jobs remain local or even bring back Port Alberni residents who’ve left to find jobs elsewhere.

“One of the major benefits we have been communicating and that which is being clearly recognized by potential investors in support of [the hub’s] development is that Port Alberni has a long history of skilled trades workers which can be employed to work on this project; including “re-patriating” many —hopefully—back to the Alberni Valley who are currently working in other industrial regions such as northeastern BC or Alberta. Knezevic said that if the hub operates at even 30-40 per cent of its capacity it would employ at least a couple hundred staff. That number would go up by aboout 150 people per container ship docked at the hub. A trans-shipment hub at Sarita Bay could also be good news for proponents of the proposed Steelhead LNG facility.

“Both of these projects would complement each other,” said Knezevic. “They will be able to share some of the service they require, like tugboats and labour.”

Having either one of the proposed facilities there could also facilitate the construction of another way in and out of the Alberni Valley.

“If we get a trans-shipment hub the province will build a road.”

reporter@albernivalleynews.com

twitter.com/AlberniNews

Just Posted

B.C. freestyle skier wins gold

Cassie Sharpe of Comox shines in the halfpipe

Albernians bundling up for Coldest Night of the Year event

Family-friendly event raises money for the homeless, hungry and hurting

Repurposing plaza in Alberni business district follows market trend

Public hearing for Fairway Market conversion set for March 12

Fisheries Act fix doesn’t go far enough, says Nuu-chah-nulth Tribal Council

Not even close to what we need,’ MP Gord Johns says

Pension delays unacceptable, Courtenay-Alberni MP says

Some retiring vets, RCMP wait ‘months, years’

North Island College opens its doors to Alberni, west coast students

More than 200 Grade 11 students check out programs offered at Alberni campus

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

Virtue and Moir end ice dance careers with Olympic gold

Virtue and Moir’s gold medal win at the Olympics makes them the world’s most decorated figure skaters

Canadians find living in small spaces teaches creativity

Canadian families choosing to live in small spaces to bring closeness to children

Vancouver Island job market ever-evolving

Various sectors driving employment in region will be represented at Black Press career fair in Comox Feb. 8

Emergency crews rescue pregnant woman after fall on mountain near Victoria

Roughly four-hour-long rescue includes firefighters from two departments

Nanaimo RCMP looking for suspect in alleged bank robbery

Police say a man robbed the Terminal Park TD Bank at about 3:40 p.m. on Saturday, Feb. 17

SAR suspends search for missing man at Sun Peaks

RCMP will continue to search for a missing man near Kamloops but SAR has suspended their role

Lottery will help save children’s lives

Each ticket gets you a chance to win a lot of money, while helping a lot of kids

Most Read