P.M. BRIEFING : Egypt Considers Deeper Suez Canal
The Egyptian government has commissioned a Dutch-Egyptian engineering consultancy consortium to conduct a study into the feasibility of expanding the Suez Canal, a spokesman for the consortium said today.
Financial Manager Peter Steenbergen of the Dutch engineering consultancy bureau NEI said the Arab Fund will pay for the 18-month study. Steenbergen said the plan is aimed at enabling ships of up to 270,000 dead weight tons to pass through the canal, compared with the current maximum of 150,000 dwt., and to deepen the waterway to 67 feet from 56 feet.
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