Egypt’s 2nd suez canal megaproject!!!
the SE canal in Egypt has connected the Mediterranean Sea to the Red Sea and has been the shortest shipping route between Europe and Asia ever since the sea route which previously ran around Africa was thus shortened by 7,000 km today the canal is about 200 km long and about 10% of World Trade passes through it in 2014 the SE Canal Authority decided it would double the capacity of the straight by building a second sew Canal almost a century and a half after the official opening of the first one before we continue take a minute to subscribe to the channel for more infrastructure news construction on the new Lane which runs alongside part of the existing Canal started less than a year ago the 72 km 44 M route allows two-way traffic and can accommodate larger vessels several container ships from around the world successfully navigated it on Saturday as part of a trial run helicopters and Naval vessels escorted the ships as part of the Security operation teal shipping link between Europe and Asia the capacity is expected to be doubled from 49 to 97 ships a day the contract for this immense project was signed in October 2014 a few kilometers from the existing Canal between enormous mountains of sand a stretch of blue water is being created this section goes straight through the Sinai desert is parallel to the current canal and will be about 35 km long any new extension would come on top of current work to extend the second Channel by by 10 km and to deepen and widen a section of the canal that work was expedited after the everg given a giant container ship ran ground in a single Lane section of the canal in March 2021 stopping traffic for 6 days the canal is a key source of scarce foreign currency for indebted Egypt which spent an estimated $8.2 billion on an expansion of the canal that opened in 2015 Egypt is carrying out a feasibility study on further expanding the sews canal in a push to speed up Transit times and avert potential blockages in a waterway that carries 12% of global Maritime trade the project is meant to turn single Lane segments 50 km in the northern segment and 30 km in its southern part into double lane Crossings [Music]
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