Mohab Mameesh on the New Suez Canal's origins
Former Suez Canal Authority Chairman Major General Mahran Mameesh revealed the behind-the-scenes stories and circumstances that led to the proposal of the New Suez Canal project. He explained that the initial idea for this major project arose after maritime navigation activities came to a halt due to the events that affected the region. This situation underscored the need to improve and develop the waterway to enhance the canal's capacity to accommodate larger ships and facilitate international trade. He pointed out that the goal of the project is to strengthen Egypt's economic standing and support the national strategy for regional development. The project was successfully implemented, yielding tangible results in improving the canal's performance and increasing its revenue.
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