New Suez Canal Project: National Security Considered (UPDATE)

President Abdel Fatah Al Sisi said on Tuesday that Egyptian national companies that will be assigned with the Suez Canal development project will be working under the direct supervision of the Armed Forces.

Sisi added that national security considerations were kept in mind while undertaking this project.

He added that Egyptians are sensitive over financing the project by foreign banks and investors. This is why the whole finance of the project will be Egyptian, he said.

Related:

Egypt to Build New Canal Alongside Suez Canal

Press Release, August 7, 2014

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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