Harbor Port Development Partners, Inc. (HPDP) has reached an agreement with China Communications Construction Company Limited (CCCC) to discuss arrangements related to the design, construction and ownership of the marine container terminal, as part of the deep water port development project in Sydney, Nova Scotia.
CCCC plans to undertake the design and construction of Sydney’s container terminal including all required infrastructure.
“ They (CCCC) 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 ,” said Albert Barbusci, HPDP Chief Executive Officer .
“ We welcome a Chinese consortium joining our Canadian team and look forward to working with CCCC in building out our super-hub in Sydney.”
The company will also undertake a feasibility study on the development of the overall container terminal and define the development plan for this facility.
HPDP and CCCC are also engaged in discussions which involve potential equity participation by CCCC in the port development project.
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