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.

Yehia Zaki, director of Egypt operations at global engineering firm Dar Al-Handasah, said he had urged the government to introduce bureaucratic and legal reforms.

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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Source: reuters.com

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