Egypt: new investments opportunities for Suez Canal development

The Egyptian government presented an audience of investors and institutional representatives a new set of investment opportunities associated with one of the five mega-projects the country is planning: the development of the Suez Canal area. The meeting offered an opportunity to illustrate the project’s main logistical and port infrastructure points and prospects for short- and long-term investment. The project’s master plan calls for the development of six ports (Said, Ismailia, Suez, Qantara, Ain Sokhna, Adabiya) and transport infrastructure enhancements (expansion of road and railway networks and construction of a new tunnel). The infrastructure needs assessment comes to approximately 15 billion USD, while the ports will require more than 20 billion USD.