$1B rail and barge network proposed for Island; would help relieve congestion at Vancouver terminals
Under Island Rail Corp.’s ambitious proposal, it would offer local, national and international rail freight service and serve local passengers and tourists up and down the Island
A new company is proposing a partnership with governments and First Nations to establish a $1-billion modern freight rail service between ports in Port Alberni and Nanaimo, supported by barges carrying cargo to the Lower Mainland.
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Cargo would come into Port Alberni and be loaded onto rail cars. From there, the freight would be carried by rail to Nanaimo, where 50 cars, with two stacked containers each, could go straight onto a barge to the mainland, Hayden said.
The service would help ease congestion at the busy port in Vancouver.
Hayden said when the company spoke to potential freight customers on the Island, “the interest was phenomenal.”
“We did manage to chase the economics and come up with a viable option to make the project work financially.”
Island Rail Corp., headquartered in Victoria, is also exploring the possibility of bringing cargo from Mexico to Port Alberni and establishing new businesses there, Hayden said.
Along with the mid-Island freight service, it’s looking at carrying freight up and down the Island as well as running passenger service for locals and tourists. Parallel hiking and biking pathways would be incorporated, the company said.
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Its first goal is to see land returned to First Nations and then an agreement would have to be reached with First Nations as a partner, he said. It’s not known how long that might take.
From that point, it would take about 30 months to get the railway operating, he said.
Edited by Victoria Watcher, 17 March 2023 - 04:05 AM.