TRACADIE-SHEILA (CNB) – The federal and provincial governments and the Town of Tracadie-Sheila are together investing close to $1.5 million to extend the community’s water and wastewater system.

Premier David Alward, National Revenue Minister Keith Ashfield and Tracadie-Sheila Mayor Aldéoda Losier announced the improvements to the town's industrial park water system today.

The project involves the extension of water and sewer services within the industrial park, which currently accommodates 15 tenants.

"Our investment in this strategic infrastructure project will provide opportunities for both current and future tenants of the industrial park in Tracadie-Sheila," said Alward. "Our province will only be strong once all our regions, including the Acadian Peninsula, are strong."

Improvements will include the extension of water and sewer lines; the construction of a sewage lift station; site preparation; and the extension of a street within the industrial park.

"Our government is pleased to support the Town of Tracadie-Sheila with this valuable infrastructure project," said Ashfield.  "Our investment supports an important extension of services at the community's industrial park that will benefit the growth of firms located in the park, generate additional economic activity and supports local jobs."

Ashfield is also the minister of the Atlantic Canada Opportunities Agency and minister for the Atlantic Gateway.

"With this new infrastructure, the Town of Tracadie-Sheila will boost the vitality and prosperity of the regional economy,” said Losier. “This will also help grow our community and assist our efforts to attract and retain young people in Tracadie-Sheila.”

The federal and provincial governments is each contributing $500,000, while the Town of Tracadie-Sheila is investing $494,000.