Legal reforms needed for Suez Canal
Project could stall without them.
Egypt needs legal reforms for Suez Canal hub to succeed: consultant
BY STEPHEN KALIN AND MICHAEL GEORGY
(Reuters) – The consultant on a project to develop the Suez Canal says cumbersome Egyptian government bureaucracy could hamper its chances of success.
The Suez project, announced by President Abdel Fattah al-Sisi in August, aims to turn the canal area into an international industrial and logistics hub. In a separate scheme, the army began digging a second canal in August to allow two-way traffic of larger ships.
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