Friday, 10 May 2019 11:32

GCT Global Container Terminals announces a $160 M investment

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On behalf of GCT Global Container Terminals Inc., Doron Grosman, President & CEO as GCT Canada announces a $160 M investment to densify and modernize its operations at GCT Vanterm.  This investment will create 1186 new direct and indirect jobs and generating $77M in wages and $187M in GDP per year. The $160 million Vanterm upgrade will increase container handling capacity and allow it to handle larger container ships within its existing footprint while reducing emissions as a result of new equipment. This announcement demonstrates continued investments in the Western Trade Corridors which will support high paying port jobs in British Columbia.

Read 434 times Last modified on Tuesday, 14 May 2019 14:09
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