Ridley Island Export Logistics Project

Rank 2024

78

Image Credit: Prince Rupert Port Authority

Industry Sector: Transportation

Project Type: Port

Project Value: $750 million

Funding Source: Public/Private

Federal Funding: 64.8 million

Provincial Funding: $25 million

Private Funding: $660.2 million

Province: British Columbia

City / Region: Prince Rupert

Estimated End Date of Substantial Completion: 2026

The project will consist of a 108-acre greenfield development on Ridley Island that will commence operation in Q3 2026. Ray-Mont Logistics will develop and operate facilities that provide transloading service capacity for 400,000 TEUs (20-foot equivalent units) for agricultural, forestry, and plastic resin products. Ray-Mont currently operates a successful multi-product transload facility on a temporary Ridley Island location that has proven the export transload concept in Prince Rupert. The project will also include an expansion of the existing Ridley Island Road Rail Utility Corridor that will facilitate unit trains 10,000 feet in length. 

Project Owner: Prince Rupert Port Authority

Project/Construction Manager: Site Development Contract: Indigenous JV — Metlakatla First Nation, Lax Kw’alaams Band, Gitxaała Nation and IDL Projects Inc.