ROI Land Investments and LNG Canada Development have entered into an agreement for ROI to develop housing in Kitimat, British Columbia.
Of the 93 units being developed, LNG Canada will lease 35 units, which include a mix of apartments and townhouses, to house some of its employees required to support the proposed liquefied natural gas project, ROI informed in a statement.
The five-year agreement calls for ROI to construct housing for some of LNG Canada’s employees in a phased approach. LNG Canada has committed to the five-year lease, regardless of a positive financial investment decision by the joint venture participants behind the proposed project.
In the first phase of the housing project, ROI is expected to build 35 apartments and nine townhouses in Kitimat, and is projected to be completed by May 31, 2016. As part of the agreement with LNG Canada, ROI will seek to hire local people and businesses, provided the candidates are competitive and meet operational and safety requirements, according to the statement.
Estimates call for the LNG Canada project to employ an average of 4,500 people during the first phase of construction, with a potential peak workforce of 7,500 people. It is expected that 300 to 400 people would be employed during first-phase operations, increasing to between 450 and 800 should the full project (four trains) be built.
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