Prime Minister
Ibrahim Mehleb on Tuesday inspected the site of the new Suez Canal and
was told by Kamel al-Waziry, head of the Armed Forces Engineering
Division, that work is advancing fast.
“I wish I was an engineer in the new canal project,” said Mehleb expressing his pride.
President Abdel Fattah al-Sisi launched the parallel 72-kilometer
canal project two weeks ago. It is expected to increase the revenues of
the channel by 259 percent.
It is also expected to provide one million jobs in new projects on
the banks of the canal, including shipyards, container service
facilities, car manufacturing and advanced technology industries, wood
and textile industries and other projects.
The project would reduce the transit time of ships from 11 hours to
three hours and increase the daily number of crossing ships from 49 in
2014 to 97 in 2023.
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