Egyptian Prime Minister Hesham Kandil called on Turkish businessmen to invest in the Suez Canal, one of the world’s the most important waterways, as the Egyptian government wants to turn the canal into a “development corridor” by establishing industrial zones on the left and right banks of the canal. “The Suez Canal’s contribution to the [...]
President Mohamed Morsi has called for expediting the implementation steps for the Suez Canal Corridor project in view of its positive effect in supporting the Egyptian economy, luring Arab and world investments, providing thousands of job opportunities for the Egyptians in general and Sinai citizens and the Canal region in particular. This came during the [...]
Chairman of the Suez Canal Authority Mohab Mamesh said yesterday that the people of Canal cities did not commit any hostile act against the Canal’s waterway or facilities. During the signing of a contract between Alexandria Port Authority and Timsah Shipbuilding Company – a subsidiary of the Suez Canal Authority – to build two tugboats [...]
Prime Minister Hisham Qandil said on Sunday 9/12/2012 that a massive national project to develop Suez Canal axis is ready to be carried out. The project will attract investments boosting up the Egyptian economy, said the Premier after a meeting with Minister of Housing and Urban Development Tarek Wafiq. Establishing a logistic region in Suez [...]
![Egypt: Ministers Discuss Suez Canal Axis Development Project]()
The Ministers of Housing, Industry, Transport, Investment, Planning & International Cooperation, Higher Education and Communications met in al-Ismailia yesterday to discuss activation of the national project of Technology Valley East of the Suez Canal. “The visit by the minister, who form the ministerial group on the development of the Suez Canal Axis, falls within the [...]
The deepening of the canal’s western effluents from 48 feet to 52 feet is nearly complete, stated Mohab Mamish, the Chairman of the Suez Canal Authority. Thanks to this project, the bigger container vessels entering the 120-mile stretch of waterway from the Mediterranean will reduce their crossing time to around four hours, according to egyptindependent.com. [...]
![Egypt: Officials Discuss Suez Canal Development]()
Two days ago, the ministers of housing, transport, investment and industry held a meeting to examine executive steps and timeframes for a national project – the development of the Suez Canal zone. Tariq Wafiq, the Housing and Urban Communities Minister, stated: “The project will include the development of Port Said and East Port Said, Ismailia, [...]
The Suez Canal Container Terminal (SCCT) received and worked the first eastbound call of the new ABX (Asia – Black Sea Express) Service operated by the G6 Consortium, comprised of APL, Hapag-Lloyd AG, Hyundai Merchant Marine, Mitsui O.S.K Lines, Nippon Yusen Kaisha and Orient Overseas Container Line. The MOL Performance arrived ahead of schedule, having [...]
![Egypt: Second International Forum on the Suez Canal “The Suez Canal and the International Variables” Held in SCA Research Centre Hall]()
Under the auspices of Admiral Ahmed Aly Fadel, SCA Chairman, and professor Mohamed Al Zoghby, SCU President, the 2nd international forum, “the Suez Canal and the International Variables “, was held for 2 days in the SCU conference Hall, and the SCA Research Centre Hall. This forum will be held, according to the last [...]
![Egypt: Expansion of Suez Canal Container Terminal Moves Forward]()
The Suez Canal Container Terminal (SCCT) is set to complete its Phase 2 expansion next year, which will double its size. With the completion… (ctl) Source: ctl, January 28, 2011;
