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Elham AbolFateh

Egypt

Cabinet Spox: 7 new projects to be carried out in Suez Canal to provide more jobs

Saturday 21/July/2018 - 09:16 PM
Sada El Balad
Hassanein Tayea
Ambassador Ashraf Sultan، a spokesman for the Cabinet، said that the Prime Minister Moustafa Madbouli held a meeting on Saturday with Mohab Mamish، Chairman of the Suez Canal Authority SCA)، in order to discuss a number of important file s over the Canal.

In a telephone conversation، Sultan reviewed the investment plan outlined by the SCA’s investment plan، pointing out that there are new seven projects are set to be carried out in the Suez Canal Economic Zone in order to provide more than 1000.000 job openings.

He added that the Suez Canal revenues hit $ 5.6 Billion in 2017، which witnessed the highest level of revenues since the inauguration of the Canal.

"There is a continuous development of services provided by the SCA to attract more shipping lines،" he said، pointing out to the application of the unified invoice system since last March to facilitate the service of transiting vessels through the Suez Canal.

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