Port Alberta

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Port Alberta
Location
Country Canada
Location Edmonton Metropolitan Region, Alberta
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Website

Port Alberta is a joint venture between Edmonton Global and Edmonton International Airport (EIA) based in the Edmonton Metropolitan Region in Alberta, Canada. Port Alberta provides transportation, logistics and supply chain solutions to connect Alberta's economy to worldwide markets. [1] Its office is located in Edmonton.

Contents

An independent advisory board representing regional businesses led by two co-chairs and a project manager provides leadership and direction to the Port Alberta network.

Network

Port Alberta's network comprises [2]

Foreign Trade Zone

Port Alberta’s Foreign Trade Zone (FTZ) enables companies involved in handling or moving goods to reduce and eliminate normal trade barriers, such as tariffs, quotas and compliance costs. Within the FTZ, located at the EIA, a company imports raw materials or partially finished goods, completes manufacturing and exports the products throughout Canada, North America or internationally. [3]

History

Pre2010

Port Alberta was inspired by the Port of Houston, a one-stop shop for customs and security with a free trade zone and with air, rail and trucking connections in one place.[ citation needed ] In 2007, Edmonton Airports, the EEDC, and the Edmonton Chamber of Commerce signed a memorandum of understanding to create an inland port at the EIA. [4] The federal government provided C$1.5 million in funding to the Port Alberta inland trade and transportation hub project. [5]

20102014

Logo of the industry-led Port Alberta from 2010 through 2014 Port Alberta.png
Logo of the industry-led Port Alberta from 2010 through 2014

In 2010, Port Alberta transitioned to an industry-led association from its government-based founders and a board of independent industry directors was established in November 2010. Port Alberta incorporated as a legal entity on December 2, 2012, independent of the EIA and was represented by an industry and government led board that acted as a single point of entry for a multipurpose community port system of inland ports connecting Alberta with the Port of Prince Rupert and the Port Metro Vancouver.

Port Alberta members integrate various Canadian inland transportation hubs such as CentrePort Canada and the Global Transportation Hub while connecting the CANAMEX Corridor with the Asia Pacific Gateway, and Canada's Arctic and Northwest Territories. Port Alberta's location on the CANAMEX Corridor, established by the North American Free Trade Agreement, combined with proximity to Alberta's Industrial Heartland, and the Nisku Business Park places Port Alberta at the economic centre of Canada's energy industry.

Port Alberta's geographical positioning and collaborative relationships extend business access to foreign trade zone benefits and a well-established network of highways, railways, air and sea connections to important regional and international markets, including Eastern Canada, Western Canada, the Canadian Arctic, the United States, Europe, Asia, and the rapidly expanding Mexican and Latin American markets. Port Alberta represents a multi-point inland port capacity exceeding 500,000 twenty-foot equivalent units (TEUs) in 2013 with expansion in 2014 to approximately 800,000 TEUs.

Port Alberta's board of directors during this timeframe consisted of private sector and government members representing Canadian National (CN), Canadian Pacific (CP), Edmonton Airports, Momentive, Stantec, Graham Construction, the City of Edmonton, PCL Construction, the City of Leduc, Symmetry, Inc., ONPA Architects, and Waiward Steel. The chair of the board was Daryl Procinsky of ONPA Architects, [6] while its last chief executive officer (CEO) was Gordon Groat, formerly of Intuit Inc. Global Business Division, the CKUA Radio Network Board of Directors, and the Town of Devon. [7]

Partnerships included BBEX/Braden Burry Expediting Ltd., CN, CP, Clark Builders, Deloitte, the City of Edmonton, Edmonton Airports, the EEDC, the Government of Alberta, the City of Leduc, Leduc County, the Leduc-Nisku Economic Development Association, Momentive Specialty Chemicals Canada Inc., the Oil Sands Developers Group (now the Oilsands Community Alliance), ONPA Architects, Stuart Olson Dominions, Trans America Group, Trans Port International Corporation, Waiward Steel, and Western Economic Diversification Canada. [8]

2015present

In 2015, Port Alberta was restarted through the EEDC and the Edmonton International Airport Authority as a joint venture. [9] [10]

When EEDC was shut down in 2020, [11] responsibility for managing Port Alberta was shifted to Edmonton Global, the region's FDI and international trade company. A reimagined and reinvigorated Port Alberta was launched on March 24, 2022.


See also

Related Research Articles

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References

  1. https://www.portalberta.ca.{{cite web}}: Missing or empty |title= (help)
  2. https://www.portalberta.ca.{{cite web}}: Missing or empty |title= (help)
  3. https://www.portalberta.ca.{{cite web}}: Missing or empty |title= (help)
  4. "History". Port Alberta. Archived from the original on 2012-03-20. Retrieved 2012-04-09.
  5. "Port Alberta Funding to Build Blueprint for the Future". Government of Canada. 2008-03-20. Retrieved 2012-04-09.
  6. "Board of Directors". Port Alberta. Archived from the original on 2012-03-06. Retrieved 2012-04-09.
  7. "Management Team". Port Alberta. Archived from the original on 2014-01-15. Retrieved 2014-01-13.
  8. "Investors". Port Alberta. Archived from the original on 2011-07-15. Retrieved 2012-04-09.
  9. Kent, G (January 2, 2015). "Organizations work to keep Port Alberta plan alive". Edmonton Journal. Retrieved July 14, 2018.
  10. Tumilty, Ryan (January 4, 2015). "Port Alberta plan in Edmonton region being revived". Metro. Edmonton. Archived from the original on March 22, 2016. Retrieved July 14, 2018.
  11. "EEDC to lose more than half its $20-million in funding as city rejigs economic development".