May 17, 2008
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Vancouver bridge holds promise of economic boost
Published: August 25, 2004
A study published by Vancouver’s transport authority, Translink, says that the construction of the Golden Ears Bridge and associated roads is expected to give a US$750 million boost to the local economy. The bridge will improve the movement of goods and people between the north and south sides of the Fraser River and through Greater Vancouver. The US$460 million project – until recently called the New Fraser River Crossing - received its environmental certification earlier this month. Translink expects to invite proposals for the design, build and operation of the crossing within a matter of months. Construction is scheduled to take three years, with the opening planned for 2007. |
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