Industrial park development to begin

The Chinese entity which purchased land at the City of Terrace Skeena Industrial Park south of the airport is to start drilling for water.

  • May. 4, 2016 5:00 p.m.

The Chinese entity which purchased just under 1,200 acres of land at the City of Terrace Skeena Industrial Park just south of the airport is to start drilling for water.

Taisheng International Investment Services, the Burnaby-based firm which acts for the Qinhuangdao Economic and Technological Development Zone (QETDZ) located in Qinhuangdao, China, is to move a drill rig onto a portion of the land, says a city press release.

“The intent is to develop the site in two phases. The first phase will include build out of 692 acres on the eastern corner of the property along Highway 37,” indicates the city release.

It expects land clearing to take place the second half of this year or in early 2017.

At the same time, the city says economic development officials at the Qinhuangdao Municipal Bureau of Commerce are asking for information on the property here.

This indicates “support for the project to be chosen as one of the [commerce bureau’s) priority industrial parks in the manufacturing sector,” the city release adds.

“This is positive news as the Chinese Ministry of Finance provides financial incentives for qualified industrial parks in foreign countries,” the release continued.

The nearly 1,200 acres was purchased by the QETDZ in 2014 for $12.4 million which was then followed by a development agreement negotiated with the city.

Today’s city release also indicates a name has been given to the property bought by the development zone – the Qinhuangdao Economic and Technological Development Zone (QETDZ) Industrial Park.

Just Posted

Skeena Voices | No ocean to divide

Lillian Cui Garcia released a memoir reflecting on her life between the Philippines and Terrace

Terrace’s annual homeless count sees modest decrease

Though survey only captures snapshot in time

EDITORIAL: Nervous about the roundabout? I was too

The new roundabout at Hwy 16/Hwy 37 seems to be spinning everybody… Continue reading

Freezing rain warning in effect for Terrace

Environment Canada has issued an alert

Caledonia Secondary School students recognized with broadcast award

Media arts class partnered with CTFK TV, RCMP to air PSA video campaign

VIDEO: Feds give update on flying clearance for Santa’s sled

Transport Minister Marc Garneau has this message for the country’s children

Wagon wheels can now be any size: B.C. community scraps 52 obsolete bylaws

They include an old bylaw regulating public morals

Indigenous mother wins $20,000 racial discrimination case against Vancouver police

Vancouver Police Board ordered to pay $20,000 and create Indigenous-sensitivity training

Sentencing for B.C. father who murdered two young daughters starts Monday

The bodies of Aubrey, 4, and Chloe, 6, were found in Oak Bay father’s apartment Dec. 25, 2017

B.C. vet talks tips for winter travel with pets

Going to see the vet the day before a trip is never a good idea

B.C. driver has car impounded for speeding to church

The driver, who said he was late to church, was clocked travelling 150 km/hr in a 100 km/hr zone

Cranbrook man calls for ban after dog caught in leg hold trap

Black Lab loses teeth after biting at trap in pain and panic

B.C. Crown corporation immune from taxation, but may still have to pay GST: court

British Columbia Investment Management Corporation may still be on hook for GPS payments

‘He was good for the West:’ Sadness, surprise in Saskatchewan over Scheer

Saskatchewan Premier Scott Moe and his predecessor, Brad Wall, both thanked Andrew Scheer

Most Read