Projects Monitor

Covering major construction projects in the Middle East

Updated: 28Feb11

Suez Canal Authority - Suez Canal Expansion
Country	:	Egypt
Project Value	:	N/A
Sector	:	Infrastructure \| Waterways
Profile Type	:	Standalone Project

Delayed

Last Activity:
Planning

Completion: 2010

Owner	:	Suez Canal AuthoritySuez Canal Authority - Egypt
Location	:	Suez, Egypt
Contract Type	:	Construction
Facility Type	:	Water canal
Capacity	:	72 feet depth 350,000 dwt vessels

Background

The (SCA) plans to expand Suez Canal in Egypt.

The purpose of the project is to increase the depth of the canal from 66 to 72 feet and thereby increasing the capacity from 240,000 tonnes to 350,000 tonnes of loaded ships.

Latest Events

As of February 2011, no news about the project were revealed.

In 2008, the study of the 72 feet dredging was expected to start. The project is expected to be completed in 2010.

Previous Events

In December 2007, the postponed the plans to deepen the canal from 66 to 72 feet.
A plan to widen the canal from 68km to 98km might be considered.

In Q4 2007, the project is in the planning phase, waiting for the completion of the current dredging operation.

Scope of Work

Increasing the drought of the Suez Canal from 66 feet to 72 feet.

Financing Source

The (SCA) is financing the expansion of the Suez Canal by increasing the canal transit fees by around 3 percent in March 2006.
A plan to institute another 2 to 2.8 percent increase in March 2007 is under way.

Project News

06-Nov-2008

DHV completes master plan for major Suez Canal port - Press Release

Project Schedule

Schedule	Contract Phase/Phase	Description
Dec 2007	Study	Project postponed
2008	Study	Expansion study initially expected to start
2010	Completion	Expansion initially expected to be completed

Project News

06-Nov-2008

DHV completes master plan for major Suez Canal port - Press Release

Suez Canal Authority
Owner

Irshad Building, Ismailiya Square, P.O. Box 41515, Ismailiyah, Egypt, Ismailiyah
Tel: +20 64-391-0000,+20 64-339-6541,+20 64-391-9353 | Fax: +20 64-391-4784 | Email: info@suezcanal.gov.eg | Website: www.suezcanal.gov.eg