File-President Abdel Fatah El Sisi gives a speech at the celebration of Laylat al-Qadr in 2019- press photo
CAIRO - 26 November 2019: President Abdel Fatah al-Sisi said 19,000 feddans of the world's best fish farms are being established in East Port Said.
"The financial cost of equipping this land is huge,” Sisi added during the inauguration of a number of projects in Port Said and North Sinai.
The president stated, "We are preparing the land of the economic zone for investment, which costs a large amount of money." He explained that a single phase of development in the region costs billions just to be able to offer the investor a piece of land to build the factory on.
President Sisi inaugurated Tuesday a number of national projects in Port Said and North Sinai governorates.
The projects include July 3 tunnels in Port Said, which is one of the major national projects, as it links south Port Said with Sinai, besides connecting west of canal cities with its eastern parts to facilitate trade movement in the Suez Canal area.