The investment is the result of a commitment made for the National Shipbuilding Procurement Strategy (NSPS)
VANCOUVER—Vancouver Shipyards has kicked off its $200-million infrastructure investment as part of Canada’s National Shipbuilding Procurement Strategy (NSPS). The shipyards will proceed with upgrades, including four new fabrication buildings, a shipbuilding gantry crane and a load out pier.
The investment is the result of a commitment made for the NSPS and was a key component of the evaluation process. To most efficiently build the ships of the federal fleet, the shipyards need to achieve a “target state,” meaning an efficiency level that’s internationally recognized and set by First Marine International. The requirement’s purpose was to select shipyards that were ready to invest in becoming capable of building the vessels. The investments are funded entirely by the shipyard.
Vancouver Shipyards’ infrastructure improvements will allow it to build the Canadian Coast Guard’s science vessels and polar icebreakers and the Royal Canadian Navy’s joint support ships more efficiently, while delivering the best value to Canada. The shipyard estimates the investment will create about 1,000 jobs over the next three years. The NSPS—the largest procurement sourcing arrangement in Canadian history—is also expected to create thousands of jobs in shipbuilding and related industries.
“One year ago, Vancouver Shipyards was selected to build Canada’s non-combat vessels and today we witness this important milestone, a major investment that will create jobs and enable Vancouver Shipyards to efficiently build large vessels for the Royal Canadian Navy and the Canadian Coast Guard,” said Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women.
The federal government has established strategic relationships with the shipyards by signing the umbrella agreements and has begun negotiations on the ships to be built.