The upgrades are designed to remove prepare bottlenecks, enhance the movement of products and contribute to the expansion of commerce.
The Vancouver Fraser Port Authority has signed a proper settlement with the Authorities of Canada to obtain C $ 48.eight million for the venture and has introduced its personal dedication to contribute $ 39.1 million to the venture as a associate group.
Funding will go to a venture to separate highway site visitors from trains at two key crossings: Harris Highway and Kennedy Highway. The objective is to assist enhance public security, emergency response instances and journey instances, whereas decreasing congestion and greenhouse gasoline emissions associated to car idling.
The venture features a new four-lane underpass crossing the Canadian Pacific Railway (CP) mainline on the current Harris Highway crossing. A brand new two-lane overpass may also cross CP's mainline on the entrance to the Vancouver Intermodal Terminal. the crossing would substitute the present Kennedy Highway crossing. There may also be a brand new railway avoidance lane for the parking trains, together with a brand new railway bridge to help the Vancouver intermodal terminal.
The venture is predicted to price $ 141.1 million. Within the subsequent section, the Vancouver Fraser Port Authority is working carefully with the Metropolis of Pitt Meadows and PC to finalize the ultimate funding and venture implementation agreements.