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Mamish: All Countries Invited to Invest in Canal Corridor

Source: www.export-egypt.com 6/14/2015, Location: Africa

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Head of the Suez Canal Authority Mohab Mamish said all countries are invited to invest in the New Suez Canal Corridor, asserting that all heads of state of the world are invited to attend the inauguration ceremony of the New Suez Canal in August.

Addressing a press conference held to announce details of the New Suez Canal inauguration ceremony, Mamish said a new bank account will be opened at all Egyptian banks for Egyptians willing to take part in the ceremony.

He made it clear that it will be a participation bid and not a donation.

Mamish said $100 billion annual revenues are expected from the new navigation course along with investments that will be launched after the infrastructure projects are finalized to serve all mega projects held on the banks of the canal.

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