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Jonas Hendrickson-Gracie Nick Giesbrecht SiYi Huang Youx Xaio

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Presentation on theme: "Jonas Hendrickson-Gracie Nick Giesbrecht SiYi Huang Youx Xaio"— Presentation transcript:

1 Jonas Hendrickson-Gracie Nick Giesbrecht SiYi Huang Youx Xaio
CentrePort Canada Jonas Hendrickson-Gracie Nick Giesbrecht SiYi Huang Youx Xaio

2 Methodology Interview with Diane Gray President and CEO of CentrePort
CentrePort Canada Business Plan Mayor’s Trade Council Report 2008 CentrePort Canada Act Legislation 2008

3 What? CentrePort Canada is North America’s newest 20,000-acre inland port and Foreign Trade Zone (FTZ), offering unique access to tri-modal transportation (road, rail and air) When? CentrePort Canada officially opened its doors in November 2009 Where? CentrePort Canada is an inland port located in Winnipeg and Rosser, Manitoba How? Currently there are more than 20,000 acres of land ready for new development and more than 530,000 square feet of industrial space available in existing warehouse facilities.

4 Why Winnipeg? Geographic Centre of North America Logistic Railways
Asia-Pacific Gateway Mid-Continent Trade Corridor The port of Churchill Economic Labor costs Taxes Logistic Railways Roads International airport

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6 Geographic

7 Transportation

8 Distances to Selected North American Population Centres

9 Transit Times to North American Cities

10 Current Businesses operating within CentrePort
Major Corporations and Industry Leaders MacDon, Winpak, Fort Garry Fire Trucks, Boeing, Magellan, StandardAero, Paterson GlobalFoods, Bison Transport, TransX, Conviron, Gardewine North, GE Aviation, North West Company, Payne Transportation, Rosedale Transport and Peak of the Market. Recent Retailer Investments IKEA and Cabela’s

11 Strategic Partnerships with Government
Construction of CentrePort Highway ($212 million) Headingley Bypass Extension ($150 million) Flood-proofing of Highway 75 ($250 million) Extension of Chief Peguis Trail To McPhillips by 2021 ($110 million) To Route 90/Brookeside Blvd by 2021 ($130 million)

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13 Strategic Advantages Direct access to tri-modal transportation (rail, truck, air cargo) Foreign Trade Zone (FTZ) benefits Prime industrial land for any size of development – available for sale or lease (including build-to-lease options) Lowest published energy costs in North America Lowest business costs in Midwestern Canada and US Affordable, abundant labour, with competitive wages and government-funded employee health care costs Assistance with fast-tracked development approvals

14 Weekly Average Wages in Western Canada

15 Rail, Trucking, and Air Cargo Advantage
Rail - Three class I railways have access to CentrePort: Canadian Pacific Railway, Canadian National Railway and Burlington Northern Santa Fe, with CP and CN operating intermodal yards in Winnipeg. Current development of common-use rail facility and adjacent industrial park for rail-intensive business. Truck - major trucking hub as home to a significant number of national and international trucking companies clustered in and around the inland port. New expressway directly supports this industry by making it more efficient to move cargo to Manitoba’s highway network. Air - James Armstrong Richardson International Airport is located at CentrePort, and is home to major cargo operations including Fed Ex, Purolator, UPS, Canada Post, Air Canada Cargo and Cargojet Inc. This enables worldwide freight-forwarding services as the airport has the most dedicated freighter movements in Canada.

16 Canadian Pacific Railway

17 Canadian National Railway

18 Burlington Northern Santa Fe Railway

19 Air Winnipeg James Armstrong Richardson International Airport
Canada’s #1 airport for scheduled freighter flights 24-hour all-weather operations More than 173,000 tonnes of cargo moved through Air

20 Foreign Trade Zone Advantage
CentrePort is Canada’s only Foreign Trade Zone. This means that all commercial businesses operating within CentrePort enjoy the following advantages: Customs Bonded Warehouse: relieves tariffs and sales taxes Duties Relief: provides upfront tariff relief Duty Drawback: reimburses tariffs paid on exported goods Export Distribution Centre: relieves sales taxes, provided that export revenues account for at least 90 per cent of a company’s revenues and that not more than 20 per cent of value be added to the imported products. Exporters of Processing Services: relieves sales taxes provided that the imported goods are owned by a non-resident and sold to a foreign resident.  

21 Challenges for CentrePort New Foreign Trade Zone Regulations
Government regulation promoting more Foreign Trade Zones Foreign Trade Zones can be established anywhere in Canada Creates competition for Centreport

22 Challenges for CentrePort Find an Anchor Tenant
Currently CentrePort does not have an anchor tenant. Need to secure an anchor tenant before common use rail facility can be built. Target industries include agribusiness and food processing; advanced manufacturing

23 Challenges for CentrePort Make Themselves Appealing
Currently CenterPort hopes to “support trade oriented activity, including the exports of manufacturing and agricultural products, as well as inbound products.” What does CentrePort do that is not already being done? What benefits does CentrePort Offer?

24 CentrePort Canada Short-term and Long-term Goals
business and marketing plans to attract companies Land development Strategic relationships with key partners Unique soft infrastructure offerings Long-term to generate own-source revenues meet financial targets

25 Questions?


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