Suez Canal Axis Project Will Turn Egypt into Global Logistic Centre

The Chairman of the Suez Canal Authority (SCA) Lt. General Mohab Mamish has stated that the Suez Canal axis development project will represent a cornerstone element that pushes forward Egypt’s development wheel. 

These targets are represented in creating new job opportunities, investment, a global industrial zone, distinguished logistical area on world-level, boosting exports, developing international trade, diversifying the range of activities in the area as well as guaranteeing the economic growth in the long run.

He emphasized that the project will contribute in boosting the Egyptian economic value and book of conditions on developing the Suez Canal Axis will be available to the entrepreneurs and investors.

He noted that Suez Canal is a symbol of the Egyptian which made the ​​history and that today’s meeting aims to accomplish a new step for the development of the national economy, and Egypt announce to the whole world its ability to challenge for the future.

He further added the project would usher in new tens of thousands of job opportunities for the Egyptian youths.