Arab Today, arab today final plan of suez canal axis development project to be announced within 2 weeks
Last Updated : GMT 10:49:42
Arab Today, arab today
Arab Today, arab today

Final plan of Suez Canal axis development project to be announced within 2 Weeks

Arab Today, arab today

Arab Today, arab today Final plan of Suez Canal axis development project to be announced within 2 Weeks

Suez Canal
Cairo - MENA

The final plan of the new massive economic development project in the Suez Canal region will be announced within two weeks.
The remark was announced by Yehia Hussein, Chairman of Global engineering firm Dar al Handasah, which was chosen out of 14 international firms that met the tender specifications to develop an international industrial and logistics hub in the Suez Canal area.
Speaking at the US Chamber of Commerce in Cairo Sunday, Hussein said that the plan focused on the ability to transfer the area into an industrial and logistical global center.
The volume of investment in the utilities sector reaches up to 15 billion dollars along with establishing electricity stations at total investments hitting about 6 billion dollars, he added.
The project aims to provide about 1 billion jobs within 15 years, he went on to say.
President of the US Chamber of Commerce Anis Aclimandos, for his part, said that the Suez Canal Axis Development Project will promote economic growth within the upcoming period and will boost volume of trade with various world countries.
Countries which work in field of container trade give due importance to doing business in this area, he added.
Meanwhile, legal adviser of the Suez Canal Axis Development Project Hani Serry said that the most suitable law to invest in this area is the Special Economic Zones Law.
Amendments have been made on the law and it will be reviewed by the cabinet within a week for endorsement in the upcoming period, he added.
The project aims at expanding the Suez Canal region's role as a global, industrial, and logistics center that is environmentally balanced with an integrated economy.
It is also projected to become a global hub due to its logistics and industrial services.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today final plan of suez canal axis development project to be announced within 2 weeks Arab Today, arab today final plan of suez canal axis development project to be announced within 2 weeks

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today final plan of suez canal axis development project to be announced within 2 weeks Arab Today, arab today final plan of suez canal axis development project to be announced within 2 weeks

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday