The Montreal Port Authority and DP World Canada have entered into a joint development agreement for the design of the onshore works for the future Contrecœur container terminal. The agreement was officially signed on 4th September.
Under this partnership, the Montreal Port Authority will oversee the in-water works and DP World will manage the terminal yard, buildings, utilities, and rail connection. The development of Contrecœur container terminal includes the construction of two berths, an intermodal rail yard connected to the mainline network, a truck gate, and supporting infrastructure.
Preparatory work is expected to begin in 2025, followed by in-water works in 2026 and land-side construction in 2027. The terminal is scheduled to enter service in 2030 and will be managed and maintained by DP World for a 40-year period.
The Contrecœur container terminal project will receive funds that comprise of C$300 million (approximately US$220 million) in long-term financing from the Canada Infrastructure Bank, a federal contribution of up to C$150 million (approximately US$110 million) under the National Trade Corridors Fund, and C$130 million (approximately US$95 million) from the Government of Quebec. The development is projected to generate approximately 8,000 construction jobs.
Designed to add 1.15 million TEUs of annual capacity, the terminal will enhance Canada’s supply chain competitiveness, generate long-term business value, and support national economic growth.
