Egypt Hopes New Suez Canal Dredging To Double Revenues, Improve Economy
- Wednesday, 22 October 2014
- Management
Egypt hopes it will reap a financial windfall when the new Suez Canal, being built alongside the existing 145-year-old waterway, opens for business in August 2015. In fact, that nation foresees the new shipping canal will bring in upwards of $13.5 billion annually by 2023.
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