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Nearly $300M investment in Bécancour Port and Industrial Park for battery project

The President of the Treasury Board and Minister of Transport, the Honourable Anita Anand, and the Minister of Innovation, Science and Industry, François-Philippe Champagne, today announced a federal investment of $163.8 million for a project at the Bécancour Port and Industrial Park, in partnership with the Government of Québec, for a total investment of up to $327.6 million.

The project includes the refurbishment and expansion of port infrastructure, the addition of storage capacity and other measures to improve port access and fluidity in the Bécancour Waterfront Industrial Park.

These improvements will reduce congestion, optimize storage space and diversify the Park’s activities. They will also enable the site to meet the needs of new and emerging markets, notably the battery industry, a strategic sector for the economic future of Quebec and Canada.

Thanks to this investment, the port will be better equipped to support the rapid growth of industries linked to batteries and other green technologies. This project will reinforce Bécancour’s position as a key hub for the battery industry in North America, contributing to Canada’s energy transition and job creation in the Mauricie region. 

“The improvements to the Bécancour Waterfront Industrial Park illustrate not only our commitment to strengthening Canada’s supply chains, but also our desire to position Quebec, and more specifically the Energy Transition Valley, as a leader in the battery industry. This strategic investment will support growth in the green economy, while creating quality jobs in the Mauricie region and elsewhere. We are laying the foundations for a successful energy transition for all Quebecers and Canadians,” said François-Philippe Champagne Minister of Innovation, Science and Industry.

“This announcement marks a significant step towards improving the port infrastructure and services provided by the SPIPB. Our teams are proudly leading the deployment of major projects, and I’m grateful for their tireless efforts. As a native of the Gentilly area, I feel privileged to contribute to such achievements in my region!”

Donald Olivier, President and Chief Executive Officer, Société du parc industriel et portuaire de Bécancour (SPIPB), declared : “This announcement marks a significant step towards improving the port infrastructure and services provided by the SPIPB. Our teams are proudly leading the deployment of major projects, and I’m grateful for their tireless efforts. As a native of the Gentilly area, I feel privileged to contribute to such achievements in my region!”

(Photo SPIPB)

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