Prince George's construction industry is one of the main drivers in the development of new projects that are planned or underway in northern British Columbia. These projects involve contracts with local firms and support a large workforce to help deliver and build modern and innovative infrastructure.
Residential real estate is a significant contributor to the local economy and is a leading economic indicator. Construction generated $408 million in GDP for Prince George in 2018.
Construction at a glance
Manufacturing is one of the largest economic sectors in Prince George and part of a fully-developed supply chain for natural resource projects. The sector complements growing mining, energy, and bioenergy industries in Prince George and has resulted in demand for some of the following:
- Metal products
- Industrial chemicals
- Custom and specialized fabrication products
- Plastic goods
Manufacturing at a glance
Central BC is home to several leaders in low carbon initiatives that thrive in the business-friendly environment and growing economy. We are am economic hub for 70% of BC's land mass with highway and rail access from the Pacific coast to North America, have availability of industrial land and abundant natural resources, access to renewable, reliable, low-cost power, low time-cost permitting supports development and a skilled industrial workforce.
The University campuses allows for regional research and has seen growth in the professional, scientific, and technical services sector. Regional colleges provide world-class Red Seal trades training, including automotive service technician skills for zero-emission vehicles.
The emerging Hydrogen Cluster includes new business announcements from Tidewater Renewables who produces renewable hydrogen as a feedstock for their renewable diesel facility; Hydra Energy is building the world's largest hydrogen refueling station and green hydrogen production facility; First Truck Centre provides local installation of hydrogen-diesel co-combustion engine retrofits; and McLeod Lake Indian Band recently proposed a $5B green and blue hydrogen production project
Clean Fuels at a glance
Prince George's diversified economy supplies professional services to a variety of sectors. Employment in professional, scientific, and technical services has expanded over the last five years to meet the local and regional needs.
Professional services at a glance
Transportation and warehousing
Prince George is strategically located at the confluence of the Fraser and Nechako Rivers and its network of road, rail, air, and marine infrastructure connects northern B.C. businesses to the rest of the world.
The city's well-developed transportation network supports local resource-based projects and businesses and possesses enough capacity to accommodate future industries looking to do business in Prince George and around the globe.