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Business & Finance

about 12 years ago

New Suez Canal: 13.6 Million Cubic Meters of Material Removed

Military Spokesman Brigadier Mohamed Samir yesterday said that 13.6 million cubic meters of material was excavated from the newly-launched Suez Canal project. In its statement, Samir noted that some 43 companies are now working at the project site and 5 companies are waiting to start work until nece

1 minutes read

Military Spokesman Brigadier Mohamed Samir yesterday said that 13.6 million cubic meters of material was excavated from the newly-launched Suez Canal project.

In its statement, Samir noted that some 43 companies are now working at the project site and 5 companies are waiting to start work until necessary equipment arrives.

He also said that the companies have started working on a new $4 billion project to expand the Suez Canal by adding a second channel.

The project, announced earlier in August, aims to create new 72 kilometer-long waterway alongside the Suez Canal.

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