New Suez Canal Nears 10km Mark

Egyptian government officials on Thursday, January 29th 2015, held a press conference about the New Suez Canal informing the public on the progress being made on the project.

Chairman of the Armed Forces Engineering Authority, Maj.-Gen. Kamel El-Wazir said that so far about 10 kilometers of the New Canal have been dredged up. At the moment, depth of the new waterway ranges between 9 to 24 meters.

New Suez Canal dredging project, one of the largest in recent history, is estimated to be worth over $2.1 billion. The project was funded through issuing investment certificates to Egyptians with 12% returns.

The new waterway is expected to become a global hub due to its logistics and industrial services. In addition to creating a new canal, some existing sections of the current Suez Canal will be broadened and deepened.

Official estimates show that over 250 million cubic meters of sediment will be removed during the works.

 

 

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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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