Aecon Group Selected for Major Roberts Bank Terminal 2 Project

📅 3 days ago 🏷️ Aecon Group Inc.

Aecon Group Inc. has been chosen as the preferred proponent for the Roberts Bank Terminal 2 project in Delta, British Columbia, in partnership with a consortium that includes FlatironDragados Canada Inc., Van Oord, and Carlson Construction Group Inc.

On July 13, 2026, in Toronto, Ontario, Aecon Group Inc. (TSX: ARE) announced that its consortium, named TerraMarine, has been selected as the preferred proponent by the Vancouver Fraser Port Authority for the progressive design-build project of the Roberts Bank Terminal 2 – Landmass and Wharf, located in Delta, British Columbia. Aecon holds a 30% interest in this consortium, which also includes FlatironDragados Canada Inc., Van Oord, and Carlson Construction Group Inc.
The consortium is expected to formalize a design and early works agreement with the Vancouver Fraser Port Authority in the third quarter of 2026. Following this initial phase, a design-build agreement is projected to be executed in the first quarter of 2028, leading to the commencement of construction. The anticipated completion of the project is set for the mid-2030s.
Jean-Louis Servranckx, President and Chief Executive Officer of Aecon Group Inc., commented on the significance of the Roberts Bank Terminal 2 project, describing it as a priority for national development that aims to enhance trade resilience, expand critical capacity, and support economic security. He emphasized the project's potential to deliver enduring benefits at both national and local levels.
Thomas Clochard, Executive Vice President and Chief Operating Officer of Aecon, expressed pride in the extensive civil and marine construction capabilities that the consortium will bring to the Roberts Bank Terminal 2 project. He noted that this undertaking would expand Aecon's portfolio in port infrastructure, building on their experience from the ongoing Port of Montréal Expansion project in Québec and the Kingstown Port Modernisation project in Saint Vincent and the Grenadines.
The Roberts Bank Terminal 2 project is poised to increase the container capacity at the Port of Vancouver by 30%, resulting in the establishment of a new three-berth marine container terminal at Canada's largest port. Furthermore, the project will create 320 acres of new waterfront industrial land, further enhancing the port's operational capabilities.
For more detailed information regarding the project, stakeholders and interested parties are directed to visit the Vancouver Fraser Port Authority’s official website.
Aecon is recognized as a North American construction and infrastructure development firm with a wealth of global experience. The company provides integrated solutions to both private and public-sector clients through its Construction segment, which encompasses various sectors such as Civil, Urban Transportation, Nuclear, Utility, and Industrial. Additionally, Aecon offers project development, financing, investment, management, and operations and maintenance services through its Concessions segment.
In the press release, Aecon also included a statement regarding forward-looking information, outlining various risks and uncertainties that might affect the execution of the project agreements, the anticipated timelines, and the expected benefits. They highlighted the importance of maintaining required approvals and permits, meeting contractual obligations, and the potential impact of external factors such as supply chain disruptions and material shortages. The company emphasized the necessity of robust planning and collaboration among all project participants to mitigate these risks and ensure successful project delivery.

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