This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external links, and by adding encyclopedic content written from a neutral point of view.(August 2015) (Learn how and when to remove this template message)
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Suez Canal Area Development Project" – news · newspapers · books · scholar · JSTOR(August 2014) (Learn how and when to remove this template message)
(Learn how and when to remove this template message)
Suez Canal Area Development Project
Location
Suez Canal region
Specifications
Status
Completed
Navigation authority
Suez Canal Corridor Development Project Authority
History
Original owner
Egyptian Government
Principal engineer
Dar Al-Handasah
Construction began
5 August 2014
The Suez Canal Corridor Area Project (Arabic: مشروع تطوير محور قناة السويس) is a megaproject in Egypt that was launched on 5 August 2014 by President Abdel Fattah el-Sisi and was completed in 2015. The project aimed to increase the role of the Suez Canal region in international trade and to develop the canal cities of Suez, Ismailia, and Port Said.
The project involved the construction of a new city, Ismailia, along with an industrial zone and fish farms, aimed at promoting the development of the tech industry. Additionally, seven new tunnels were built between Sinai, Ismailia, and Port Said, and improvements were made to five existing ports. The project also included the creation of new centers for logistics and ship services, and the digging of a new canal parallel to the Suez Canal. The purpose of the new canal was to increase capacity by allowing ships to sail in both directions simultaneously.
Egyptian President Abdel Fattah el-Sisi announced that the New Suez Canal project would operate within a year (instead of the original plan of three years). The project's authority projected revenues of the canal to increase from 5 billion dollars to 12.5 billion dollars annually. The new canal channel and the seven tunnels were under construction simultaneously. Construction of the rest of the projects (which include building the city, industrial zone, "technology valley", and fish farms) began in February 2015.
and 27 Related for: Suez Canal Area Development Project information
The SuezCanal Corridor AreaProject (Arabic: مشروع تطوير محور قناة السويس) is a megaproject in Egypt that was launched on 5 August 2014 by President Abdel...
The SuezCanal (Arabic: قَنَاةُ ٱلسُّوَيْسِ, Qanāt as-Suwais) is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red...
The SuezCanal Bridge, also known as the Egyptian–Japanese Friendship Bridge, Al Salam Bridge, Al Salam Peace Bridge or Mubarak Peace Bridge, is a road...
In March 2021, the SuezCanal was blocked for six days by the Ever Given, a container ship that had run aground in the canal. The 400-metre-long (1,300 ft)...
number of major projects, including the land reclamation project, the New SuezCanal digging project, the SuezCanalAreaDevelopmentproject and the Golden...
Egypt Mahmoudiyah Canal Egypt SuezCanal Egypt Asia see List of canals in India see List of canals in Pakistan see History of canals in China Europe Danube–Black...
control of the SuezCanal, which Nasser had earlier nationalised by transferring administrative control from the foreign-owned SuezCanal Company to Egypt's...
encompasses an area of over 461 square kilometers and is located along the eastern and western banks of the SuezCanal. The concept of the SuezCanal Economic...
Nicaragua Canal (Spanish: Canal de Nicaragua), formally the Nicaraguan Canal and DevelopmentProject (also referred to as the Nicaragua Grand Canal, or the...
negative result. In 1882, the constructor of the Suezcanal, Ferdinand de Lesseps, visited the area, but the Thai king did not allow him to investigate...
drive to develop the areas surrounding the SuezCanal, including other projects such as the Ahmed Hamdi Tunnel under the SuezCanal (completed in 1981)...
El-Khoor In 1975, the Suez Public Free Zone was established. It is divided between two main locations: Suez Port and Adabeya. SuezCanalSuez crisis "Egypt names...
merger of Gaz de France and Suez, traces its origins to the Universal SuezCanal Company founded in 1858 to construct the SuezCanal. As of 2018, Engie employed...
the current Canal route. The French had achieved success in building the SuezCanal in the Middle East. While it was a lengthy project, they were encouraged...
The Istanbul Canal (Turkish: Kanal İstanbul pronounced [kɑnɑɫ isˈtɑnbuɫ]) is a project for an artificial sea-level waterway planned by Turkey in East...
The Panama Canal expansion project (Spanish: ampliación del Canal de Panamá), also called the Third Set of Locks Project, doubled the capacity of the...
metropolitan area with over a million residents that extends both on the African and the Asian sides of the SuezCanal. The only other metropolitan area in the...
Malaysia to Rotterdam in the Netherlands, the ship ran aground in the SuezCanal, blocking the channel. She remained in place for six days before salvage...
Sethusamudram Shipping CanalProject (lit. 'Setu Ocean Shipping CanalProject') is a proposed project to create a shipping route in the shallow straits...
business and economy of Sulawesi and eastern provinces. Thai Canal Nicaragua CanalSuezCanal Aliansyah, Muhamad Agil. Aliansyah, Muhamad Agil (ed.). "Terusan...
million ($5 billion in 2021), to serve as an alternative route to the SuezCanal. At the end of the program, a major objective was to develop nuclear explosives...
of the SuezCanal, across from the city of Port Said. Port Fuad is considered a suburb of Port Said and together they form a metropolitan area of over...
forgave debt in return for taking control of the SuezCanal, and reoriented economic development toward capital gain. However by 1882, Islamic and Arab...
Eurasia Canal would be four times longer than the SuezCanal and eight times longer than the Panama Canal. President Nazarbayev stated that the canal would...
Kong Nicaragua CanalDevelopment Investment Company (HKND Group) to manage the Nicaraguan Canal and DevelopmentProject to build the canal. Several possible...
hundred kilometres to the north, halfway up the SuezCanal, the Senior British Naval Officer, SuezCanalArea, based at Ismailia, remained responsible for...