Vancouver port to launch procurement for major terminal expansion

A Request for Qualifications (RFQ) is expected in July 2025, targeting construction partners for the landmass and wharf components of the new terminal.

The project will follow a progressive design-build model, the VFPA’s preferred approach for collaboration with contractors, First Nations, and regulatory agencies during the planning and construction phases. According to VFPA, the model is intended to improve cost and schedule certainty, particularly for large-scale coastal infrastructure projects.

RBT2 is designed to increase capacity at the Port of Vancouver by about 2.4 million 20ft shipping containers annually. Once complete, the three-berth terminal is expected to handle trade valued at more than CA$100 billion (US$71 billion) per year and support more than 17,000 long-term jobs.

The cost of the RBT2 project has not been publicly confirmed.

However, based on comparable offshore port infrastructure developments like Vancouver’s CA$1.6 billion ($1.1 billion) Deltaport Third Berth Project (delivered in phases between 2006 and 2023) and similar terminal expansions in Asia and Europe, the total value of construction could fall within the CA$1 billion to CA$5 billion ($714 million–$3.7 billion) range depending on scope finalisation and procurement structure.

VFPA is managing the terminal delivery directly and has stated that additional procurement milestones and timelines will be posted on the Roberts Bank Terminal 2 project page at portvancouver.com/project/roberts-bank-terminal-2.

Canada starts its first SMR with US$15 billion project Workers have started preliminary site construction on a $15-billion small nuclear reactor project