Port Alberni Industrial Action Plan

City of Port Alberni

Sources of Funding
ICET Contribution:$30,000
City of Port Alberni:$20,000
ACRD Electoral Areas B, D, E & F:$10,000
Total Budget: $60,000

The Port Alberni area has historically been known for its resource-sector economy founded on industrial development. However, in recent years land for industrial development in Port Alberni has become increasingly scarce. While recent initiatives have attracted the attention of potential investors, the community required a strategy to ensure industrial lands would be readily available for development.

The Industrial Land Action Plan will compile a full inventory of industrial land in the Alberni Valley, with identification of constraints to making it available for development. The project will include recommendations, such as potential for industrial or light industrial rezoning, the potential for an industrial park, and action based strategies to attract industrial development.

Upon completion, Port Alberni will have an enhanced capacity to respond and capture prospective investment, particularly in the emerging aerospace and value-added forestry sectors. The project is anticipated to increase industrial attraction and retention, and support for decision making related to long-term economic development and land use planning.

ICET By The Numbers

2,500
person years employment created (construction phase)

ICET By The Numbers

50
locally elected officials and MLAs working together

ICET By The Numbers

$10.4
million annual provincial government revenue generated

ICET By The Numbers

3,650
post completion jobs created

ICET By The Numbers

$4.6
dollars leveraged for every ICET dollar invested

ICET By The Numbers

$236
million leveraged into the region

ICET By The Numbers

$50.5
million disbursed

ICET By The Numbers

$52.1
million committed

ICET By The Numbers

212
economic development projects

ICET By The Numbers

170
projects completed

ICET By The Numbers

36%
projects in small (less than 5,000) communities

ICET By The Numbers

50+
communities with ICET projects

2018-19 Annual Report

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