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Melford container terminal plan gets conditional approval

BY NANCY KING, TRANSCONTINENTAL MEDIA The Nova Scotia Business Journal

MELFORD, GUYSBOROUGH COUNTY — A proposed $300-million container terminal cleared an important hurdle Thursday when it received conditional environmental approval from the provincial and federal governments.

Officials with Melford International Terminal Inc. (MITI) say they can now move on to the next stage of development of the container terminal and logistics park that is to be constructed on the mainland side of the Strait of Canso at the Melford industrial land reserve. That work will include purchasing land, securing a building permit and finalizing operator and rail service agreements, as well as establishing construction timelines, completing detailed design, and marketing the project.

“We’re able to move forward and work on finalizing a lot of agreements and arrangements,” project spokesperson Richie Mann said. “When you don’t own something and you don’t have permits to do anything on it, you’re unable to conclude a lot of agreements.”

He added that while the environmental impact statement approval came a few months later than originally hoped, the project remains on track for an anticipated opening in 2011. “Having obtained this approval is a significant accomplishment,” MITI chair Hugh Lynch said in a news release. “People in the global shipping and transportation industry understand the significance of this regulatory approval. It shows that we have done our homework, it triggers an exciting next stage for this project, and gives us tremendous momentum.”

MITI is developing a 315-acre deep-water container terminal, intermodal rail facility and 1,500-acre logistics park at Melford on the Strait of Canso. The greenfield project is privately funded and investors are seeking no money from taxpayers. MITI is billing the project as the closest North American deep-water mainland port to Europe, Asia and the Indian subcontinent, via the Suez Canal.

Mann said the process may have taken a bit longer because proponents did some work up front that in other cases may have been tackled after conditional approval was received. “We did a lot of work up front that satisfied what otherwise may have been conditions at the tail end,” he said.

Company officials have signed off on the approval and will now develop plans to comply with the conditions attached, which were described as not being particularly onerous. Mann said some of the provisions include the need for dust and noise control, monitoring of various components, and signing off on agreements with both provincial and federal government agencies. Mann noted that it would be naive to think that the current global economic uncertainty won’t impact every major project currently underway around the world, but added he believes the MITI project meets the basic requirements that need to be addressed in seeking financing, including now the elimination of the regulatory risk.

“First and foremost, the project remains viable,” he said, adding that because of the mounting cost pressures facing shippers the advantages Melford should be able to offer, including shorter sailing times, over other ports become even more attractive.

A separate group of proponents is also working toward development of a container terminal at the port of Sydney, and is currently awaiting environmental approval of a plan to dredge the outer channel of Sydney harbour, which would allow it to accommodate much larger ships. – Cape Breton Post

 

 

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