Québec City to become New Centre for Global Maritime and Logistics Innovation

The Laurentia Project will become the cornerstone of a new and dynamic global ecosystem for innovation in logistics and maritime transportation technologies with the announcement today by the Québec Port Authority of the signing of memorandums of understanding with seven major partners from the maritime, transportation and research world. The international partnerships that will be created by these agreements will ensure that the Québec City regional economy will enjoy significant benefits well beyond the core investment of $775 million already planned for the construction of the Québec Container Terminal, the 1,000 sustainable jobs related to the terminal operation, and the estimated $100 million of annual economic impact. It will further ensure that the local region surrounding one of the world's most technologically advanced and environmentally clean container terminals will become an incubator for new technologies, research and scientific exploration. The linking together of Hutchison Ports, the Port of Rotterdam, CN, PortXL, Québec International, Université Laval, Québec City and the new logistics services supply chain associated with the new container terminal will create an exciting launchpad for Québec-based enterprises to reach world markets.