Port Alberta
| Port Alberta | |
|---|---|
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| Location | |
| Country | Canada |
| Location | Edmonton Capital Region, Alberta |
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Website portalberta.com |
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Port Alberta is a joint venture between the Edmonton Economic Development Corporation (EEDC) and Edmonton International Airport (EIA) based in the Edmonton Capital Region in Alberta, Canada. Port Alberta provides transportation, logistics and supply chain solutions to connect Alberta's economy to worldwide markets. Its office is located in Edmonton.
An independent advisory board representing regional businesses led by two co-chairs and a project manager provides leadership and direction to the Port Alberta network.
Port Alberta's network comprises
Port Alberta’s Foreign Trade Zone (FTZ) enables companies involved in handling or moving goods to reduce and eliminate normal trade barriers, such as tariffs, quotas and compliance costs. Within the FTZ, located at the EIA, a company imports raw materials or partially finished goods, completes manufacturing and exports the products throughout Canada, North America or internationally.
Port Alberta was inspired by the Port of Houston, a one-stop shop for customs and security with a free trade zone and with air, rail and trucking connections in one place. In 2007, Edmonton Airports, the EEDC, and the Edmonton Chamber of Commerce signed a memorandum of understanding to create an inland port at the EIA. The federal government provided C$1.5 million in funding to the Port Alberta inland trade and transportation hub project.
In 2010, Port Alberta transitioned to an industry-led association from its government-based founders and a board of independent industry directors was established in November 2010. Port Alberta incorporated as a legal entity on December 2, 2012, independent of the EIA and was represented by an industry and government led board that acted as a single point of entry for a multipurpose community port system of inland ports connecting Alberta with the Port of Prince Rupert and the Port Metro Vancouver.
Port Alberta members integrate various Canadian inland transportation hubs such as CentrePort Canada and the Global Transportation Hub while connecting the CANAMEX Corridor with the Asia Pacific Gateway, and Canada's Arctic and Northwest Territories. Port Alberta's location on the CANAMEX Corridor, established by the North American Free Trade Agreement, combined with proximity to Alberta's Industrial Heartland, and the Nisku Business Park places Port Alberta at the economic centre of Canada's energy industry.
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