We'll spend some time talking about the current fund and translate that into what the future fund could look like.
The national trade corridors fund has been an absolutely vital tool for the Port of Prince Rupert. NTCF funding was a catalyst for the CANXPORT project, which is the 400,000-TEU facility. It's also been vital for the Zanardi Bridge expansion, South Kaien Logistics Park and Trigon Pacific Terminals' berth two project, with roughly $225 million in funding.
These investments helped the Prince Rupert Port Authority to develop port land and common user infrastructure, which has enabled $3 billion in new infrastructure. This represents 7.5% of the overall investment and has significantly drawn other investment to the gateway.
We look forward to working with the Government of Canada when the new trade diversification corridors fund opens, to utilize federal investment in developing more land that will incentivize new private sector investment.