“If we had this 15 years ago, the battery industry would have been established in the east of Montreal,” he admits Newspaper Jean-Denis Charest, CEO of the Eastern Montreal Chamber of Commerce (CCEM), after an envelope of $100 million from Quebec to revitalize his corner.
“If we have public transport and a strategy for the country, I think we will be able to revitalize the east of Montreal,” is the opinion of the head of the CCEM. Previously, Canada’s transport minister reiterated his interest in a possible REM in the East in an interview with the Journal.
Sucre Lantic, hotel project near the Olympic Stadium, investments this year ten times higher than last year … the planets, in his opinion, are in good harmony.
“In the next five to ten years we will make major investments,” predicts Jean-Denis Charest, CEO of CCEM. A property like Esso’s with 650,000 square meters is in sight.
Hundreds of people met on Monday at the Sommet de l’Est to promote this part of the metropolis. Photo Francis Halin
New creature
On Monday morning, Quebec supported the creation of the Society for the Development of Land in the East of Montreal (SMTEM) by committing $100 million to the purchase and rehabilitation of strategic industrial land.
Montreal already had $100 million to clean up contaminated land four years ago. This new $100 million brings the investment total to over $200 million.
Investissement Québec (IQ) will be the sole sponsor of the new Legault government structure. Fondaction acts as a general partner.
The SAQ is investing tens of millions of dollars
In an interview with the Journal, Société des alcools du Québec (SAQ) CEO Jacques Farcy led by example during his visit to the Eastern Summit, announcing major investments in the East.
Jacques Farcy, CEO of SAQ Pgoto Agence QMI, TOMA ICZKOVITS
“Five years ago we decided to consolidate all of our operations in East Montreal. “Our corporate activities and our main distribution center are in the East,” said Number 1 of the SAQ.
“We will invest tens of millions of dollars by 2027 to automate our distribution center, construct the building and equip the building,” he concluded.