Suez Canal Chief Proposes Widening, Deepening Vital Waterway
(Bloomberg) -- Egypt’s Suez Canal Authority plans to widen and deepen parts of the waterway to improve the movement of ships in the area where a stranded container vessel blocked traffic in March, the its chief said Tuesday.
The proposed plan, outlined by Osama Rabie, would be to widen a 30-kilometer (18.6 mile) stretch by about 40 meters (131 feet) and deepen that area to 72 feet instead of the current 62 feet.
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Authorities would also add on a 10-kilometer stretch of lanes linked to an extension that was completed in 2015. The expansion would take two years, he said.
President Abdel-Fattah El-Sisi, speaking at the same event, said he doesn’t want to mobilize “huge” public funding for the project as the government did when expanding the canal years earlier. El-Sisi said “we’re not in a hurry” for the project to be completed.
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