|10-19-2014, 06:43 PM||#1|
Egypt signs with 6 international firms for the dredging of the new Suez Canal
Egypt`s government signed this Saturday a contract with six international firms for the dredging of the new Suez Canal in a formed association named "Challenge Coalition".
The six international firms consist of National Marine Dredging Company of the United Arab Emirates; Royal Boskalis Westminster and Van Oord, both based in the Netherlands; Jan de Nul Group and Deme Group, both of Belgium; and U.S.-based Great Lakes Dredge and Dock Company.
The head of the Suez Canal Authority, Mohab Memish, announced that the project will start by next week and is schedulked to be completed by August 2015.
The new canal major target is to attract more ships and generate income for the Egyptian government throughout the current evelopment of 76,000 sq km (29,000 sq miles) around the canal into an international industrial and logistics hub.
The project, mainly run by the army under the lead of the new President Abdel Fattah al-Sisi, is aiming to stimulate Egypt`s struggling economy and remains definitely an important driver for the country`s economic growth.
|مواقع النشر (المفضلة)|
|الذين يشاهدون محتوى الموضوع الآن : 1 ( الأعضاء 0 والزوار 1)|
|أدوات الموضوع||إبحث في الموضوع|
|انواع عرض الموضوع|
|الموضوع||كاتب الموضوع||المنتدى||مشاركات||آخر مشاركة|
|Saudi Electricity signs 2.56bn contract for Riyadh metro||Hazem Ahlawy||Forex News||0||10-01-2014 12:06 AM|
|Doha`s Ahli Bank signs a $200 million three-year loan||Hazem Ahlawy||Forex News||0||10-01-2014 12:05 AM|
|2nd Suez Canal project boosts foreign currency in Egypt||Hazem Ahlawy||Forex News||0||09-23-2014 05:11 AM|
|Gold trades near 3mth low on strong dollar, signs of ease in Ukraine tensions||Hazem Ahlawy||Gold, Silver & Oil||0||09-11-2014 02:23 PM|