FILE - Chairman of the Suez Canal Economic Zone Authority Yehia Zaki
CAIRO - 26 November 2019: Chairman of the Suez Canal Economic Zone Authority Yehia Zaki reviewed the development of East Port Said Port, the engineering works and the complete dredging works of the port.
Zaki said in his speech during the opening of a number of projects in the governorates of Port Said and North Sinai, in the presence of President Abdel Fatah al-Sisi, that the port witnessed 70 million cubic meters of dredging work, at a cost of more than LE 6 billion, paid by the Suez Canal Authority.
“The construction of the eastern and western sidewalks with a length of 5 km was also completed at a cost of LE 6.5 billion,” Zaki stated, adding that the squares behind the sidewalks were equipped at a cost of LE 3 billion.
Additionally, Zaki pointed out that the movement of goods in East Port Said Port increased by 17 percent, from 27.2 million tons in 2018 to 31.5 million tons in 2019, and that container traffic increased from 2.4 to 2.7 million containers, stressing that the port will be able to receive the world's largest vessels.
East Port Said Port received 83 giant ships in 2018 and is expected to receive 120 tankers by the end of 2019, marking an increase of 45 percent, according to Zaki. “In mid-December, three new lines will be introduced in Port Said area, which will increase the value of container handling by 15 percent,” Zaki noted.
President Sisi inaugurated on 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 Suez Canal regional area.