11 January 2014

Egypt: SCA Chief - Government Approves EGP 2 Billion for Suez Canal Development Project

Chairman of the Suez Canal Authority (SCA), Mohab Mamish said on Saturday 11/01/2014 that the Egyptian government has approved allocating EGP 2 billion for the Suez Canal axis development project.

He added that the funds will be paid for studies and infrastructure in the current stage.

Mamish stressed that the Egyptian government is committed to the implementation of this national project's road map in order to achieve the aspirations of Egyptians in development and welfare during the coming stage.

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