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
Manufacturing and forestry are among the largest economic drivers in Prince George with nearly half of the labour force directly or indirectly employed in those industries. The city is home to seven lumber mills, three pulp mills, one paper mill, and multiple secondary manufacturing facilities.
Industry clusters developing from primary forestry manufacturing include remanufactured lumber, engineered wood products, packaged building solutions, millwork products, and more. Cross Laminated Timber (CLT) manufacturing in Prince George, in particular, offers an opportunity for investment.
Forestry 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.