Egypt Forms New Committee to Allure Investors into Suez Canal Project

Chairman of the Suez Canal Authority (SCA)and head of the executive council of the Suez Canal Corridor Project Mohab Mamish announced the formation of new committee specialized in attracting investors to Suez Canal Development Axis project and connecting with businessmen so as to invest in the project.

Mamish added in American Chamber of Commerce Conference in the Morning of today that SCA has formed committee for the project.

The project needs new investment regulations and laws to allure local and foreign investments, He pointed out.

Furthermore, it’s necessary to launch one firm gathering 6 ports in East Port Said, Arish, Ain Sukhna and El Tur.