PHOTO
Egypt is conducting a feasibility study on exploring the expansion of the Suez Canal to speed up transit times, Bloomberg reported.
The proposed project will convert the single-lane segments, spanning 50 kilometres in the northern segment and 30 km in its southern part, into double-lane crossings, the news agency reported, citing Suez Canal Authority chief Osama Rabie.
ACE Moharram-Bakhoum and Dar Al-Handasah are conducting a feasibility study for the project and evaluating possible partners, the report said.
(Writing by P Deol; Editing by Anoop Menon)
Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
