Dredging Works in New Suez Canal almost CompleteSource: www.export-egypt.com 6/18/2015, Location: Africa |
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Nearly 96.58 percent of the dredging works have been finalized in the New Suez Canal project, said a report issued by its executive authority.
Up to 254.740 million cubic meters of water-saturated sand have been dredged so far, the report said. A total 258 million cubic meters should be removed, the report added. The total length of the project is 72 km, according to the website of the Suez Canal Authority. The project will increase the daily average of transiting vessels to 97 ships, up from 49 ships at present. It will also achieve direct unstopped transit for 45 ships in the two directions. The venture will increase the Suez Canal revenues from $ 5.3 billion at present to $ 13.226 billion in; an increase equal to 259% that shall positively contribute to Egypt’s national income. |
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