Harbor-Port Development Partners (HPDP) has announced they have come to an agreement with China Communications Construction Company (CCCC), the world’s largest port construction and design company, to discuss arrangements related to the design, construction and ownership of the marine container terminal at the Port of Sydney.
CCCC plans to undertake the design and construction of Sydney’s container terminal, including all required infrastructure and will provide container cranes, gantries and other port-related equipment, including any required design and engineering.
CCCC will also undertake a feasibility study on the development of the overall container terminal, and define the development plan for this facility to be located on the Greenfield site.
The two companies have agreed to work together on related infrastructure projects that may arise in the course of the billion dollar multi-year project.
Albert Barbusci, CEO of HPDP, said: “We are proud to have CCCC as a partner in this project. They share our vision regarding the unique opportunity to design and build a next generation highly automated facility which will serve the ultra large container vessels for decades to come. We welcome a Chinese consortium joining our Canadian team and look forward to working with CCCC in building out our super-hub in Sydney.”
Chang Yunbo, Vice President of China Communications Construction Company Limited (International) said the China Communications Construction Company “welcomes the opportunity to participate in this exciting endeavor. Given its strategic location CCCC views Sydney’s deep water harbour as a potential game-changer for the North American eastern seaboard. As a partner, CCCC brings global experience, state of the art technology and financial strength to this project. We expect to have our first working visit to Sydney early in the New Year.”
Cape Breton, Mayor of the Regional Municipality, said: “Harbor-Port Development Partners are attracting the right global partners to support this important infrastructure project. They are building this consortium with their own resources and finances. The Port of Sydney is an important component of our larger strategy for growing Cape Breton’s economy.
“We appreciate the encouragement and support we have received from both the Provincial and Federal governments. I am pleased to participate in these working efforts and I look forward to welcoming our new friends to Sydney in the New Year as they begin their work.”
Cape Breton Regional Municipality has recently officially granted HPDP the exclusive right to market the Port of Sydney for development, including building the financial and operating consortium to construct a state of the art container terminal and logistic park able to accommodate the latest generation of ultra large container vessels.
Fact File: CCCC is the largest port design and construction company in the world with over US$70 billion in annual turnover in 2014.