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Opening of New Suez Canal Waterway to be Funded by Donations

Posted on June 11, 2015

By Ahram Online, ahramonline

The Egyptian government will fund the opening ceremony of the new Suez Canal waterway through donations from the public and contributions from participating dredging companies, to avoid any burdens on the state budget,the canal authority head Mohab Mamesh said on Friday.

The flagship project of President Abdel-Fattah El-Sisi‘s economic programme is set to open at an inauguration ceremony in August. World leaders have been invited to the event.


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