Port Alberni, B.C. - Mayor Ken McRae of Port Alberni, on behalf of Barry Janyk, chair of the Island Coastal Economic Trust (ICET) and Mayor of Gibsons, today announced funding approval of $3,545,000 for the Port Alberni Fishermen's Harbour Improvement Project. The total cost of the project is estimated at $7,508, 000.
Mayor McRae explained that "the Trust's contribution will help the Port of Port Alberni to redevelop its basic public physical facilities in the harbour including the installation of a major floating breakwater, a new wharfinger office, a new service float, additional moorage for transient recreational vessels, a combined float plane terminal and CBSA facility and improved public access to the waterfront. These elements enhance Fishermen's Harbour towards better supporting the fishing fleet by greatly improving the protection of moored vessels from the elements, increasing the capacity for marine tourism, and generally strengthening one of the major economic assets of Port Alberni."
McRae added that the potential economic benefits of these major improvements include the attraction of private investment in seafood processing and related services, future tourism benefits with added float plane service and cruise ship visits, the attraction of mega-yachts as a result of major harbour protection, the potential of marine-oriented businesses including seafood sales, and the potential for private sector business creation and employment in support marine services.
PAPA Chair, Don Ferster explained that the objectives of the expansion and improvements to the Port will ensure that Port Alberni remains a major west coast base for commercial fishing and increase Port Alberni's role as a tourism destination and gateway for the Pacific Rim, and increase its role as a centre for recreational fishing and other outdoor activities. These fundamental improvements will ensure that Port Alberni remains the west coast Vancouver Island base for coastal shipping, aquaculture, and boat service and repair.
Project Concept Plan:
A) New Floating Breakwater and Associated Facilities
B) New Service Float
C) Wharfinger Building
D) New Driveway
E) New Property Line
F) Reconfigured Service Area
G) Loading/Unloading
Project Fast Facts
Total Project Cost Estimate: $7,508, 000
Funding Partners:
Floating Breakwater:
About Island Coastal Economic Trust
The Island Coastal Economic Trust was established in February 2006 under an Act of the Province of British Columbia. It provided a $50-million endowment that is managed by an independent Board of Directors comprised of thirteen members - eight Mayors and five provincial appointees from the prescribed area.
The Board's mandate is to make strategic investments in economic development priorities including forestry, transportation, tourism, mining, energy, economic development, agriculture and aquaculture, and small business. The ICET region encompasses all Regional Districts and municipalities on Vancouver Island north of the Malahat as well as the Powell River and Sunshine Coast Regional Districts.
ICET has approved over $48 million for over 80 projects on the Island and Sunshine Coast since starting its grant program in 2007. The total impact of these investments is estimated at over $247 million. A full overview of ICET can be found at www.islandcoastaltrust.ca
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