OREANDA-NEWS. July 11, 2014. The Edmonton Economic Development Corporation (EEDC) has announced plans to build a 1000-acre industrial park in Sturgeon County, including a facility to process LNG for export to China.

EEDC has partnered with Gascana AB Energy Ltd. and Gascana-Sino Industrial Park Administrative Committee Inc. (GPAC) to create the Sino Canada Natural Gas Development Initiative (SCDI). The initiative represents a total investment in excess of CAN\\$ 4 billion and will focus on natural gas related industries including refining, upgrading, technology research and manufacturing.

SCDI will include a 1000-acre Sino Canada Natural Gas Industrial Park in Sturgeon County, and a Sino Edmonton Business Incubator in Edmonton. Upon completion, SCDI will achieve CAN 5 billion in annual production and create over 2000 permanent jobs.

Comments

“Edmonton Economic Development Corp. has been working with Gascana and GPAC on this significant venture for the past ten months, and believes investments of this magnitude can come together smoothly when the Edmonton Region works collaboratively and with unified purpose. We are the epicenter of the industrial supply chain in western Canada, and our manufacturing, research environmental monitoring, transportation and value-added energy sectors will continue to expand as Chinese demand grows and strong partners like Gascana work with us to localize their investments,” commented Brad Ferguson, President and CEO of Edmonton Economic Development Corp.

Gascana, GPAC and EEDC have signed a memorandum of understanding to work collaboratively on the strategy, marketing, recruitment and advocacy for the SCDI investment.