New Brunswick Naval Center to get $4M for infrastructure from province
Three-building complex will receive the investment through the provincial strategic infrastructure initiative
The New Brunswick Naval Center in Bas-Caraquet is getting $4 million in funding from the provincial government for infrastructure improvements.
Premier Brian Gallant announced Monday the three-building complex dedicated to shipbuilding repair and manufacturing will receive the investment through the provincial strategic infrastructure initiative.
No specific projects were outlined, but in a release, the province says the money will be used to make improvements to existing facilities at the centre and to build new facilities.
The New Brunswick Naval Center currently consists of two boatyards and an office building.
Its objective is to promote the economic development of the region by reactivating the naval industry on the Acadian Peninsula, according to its website.
The centre, located in the Baie des Chaleurs, at the mouth of the Gulf of St. Lawrence and near the Atlantic Ocean, is ideal to access the American market, to take part in the development of the Great North and to participate in the federal shipbuilding strategy, it states.