New Suez Canal unlocks opportunities for Egypt and world: Misr Italia CEO

Daily News Egypt
2 Min Read

On the occasion of the inauguration of the New Suez Canal project, Hany Elassal, CEO of Misr Italia Group stated that the project represents a major step in terms of opportunities presented to Egypt and the world.

“The opening of the New Suez Canal is a message to the entire world that Egypt, despite all the challenges it has faced, and with the will of its people, brings this historical national project to the world, which represents vast opportunities, not only for Egypt but for the whole world,” Alassal said.

“The New Suez Canal is not just a new shipping route, rather it is a national project that outlines Egypt’s new development, particularly with the implementation of new logistics projects in the strategic area surrounding the New Canal, which will contribute to the Egyptian economy’s recovery and increase national income, foreign currency reserves and create thousands of job opportunities,” he said.

Elassal said: “The Suez Canal project will place the three Canal cities, Ismailia, Suez and Port Said, at the centre of urban and tourism investments due to the area’s great potential in terms of diverse and integrated tourism features, such as cultural, environmental, archaeological and religious tourism.  This will reflect positively on urban development in all areas surrounding these cities.”

Elassal thanked everyone who contributed to this significant historical achievement, adding: “As Egyptians, we are proud of our leadership that has placed Egypt at the centre of global attention as a result of this success.”

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