It’s one of those quirks of geography that isn’t evident on first thought, but entirely logical once one thinks about it. Through the Suez Canal, India is 1840 nautical miles closer to Halifax than to ports on the west coast.
That simple fact could pay big dividents to Halifax in particular and Atlantica in general.
India is the world’s second fastest growing economy in the world and the growth potential over the next several years is huge. In a few short years, it is believe that the India-Atlantic Corridor will rival the Asia-Pacific freight corridor.
The Port of Halifax has capacity at both terminals and on rail to accommodate significant cargo growth. Expansion of both terminals would allow the Port of Halifax to handle two million TEU’s or four times the current volume flowing through the port today.
That was the message delivered by Halifax Port Authority President Karen Oldfield to the Empire Club of Canada in Toronto.
To read a complete text of her address, click here.
