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BREAKING: Dar Group consortium win general plan for Suez Canal project
The Bahrain-based firm will join its Egyptian subsidiary to make the general plan for the Suez Canal Corridor initiative
Ahram Online Published in Ahram Online on 19 - 08 - 2014

The consortium of Bahrain-basedDar Group (Shair and Partners) and its Egyptian subsidiary are the winning firm to make the general plan for the Suez Canal project, Chairman of the Suez Canal Authority and head of the executive council of the Suez Canal Corridor initiative Mohab Mamish announced during a conference on Tuesday.
The consultancy was chosen out of 14 international firms that met the tender specifications for a massive economic development project in the Suez Canal region.
Last January, the Egyptian government announced that out of 46 applications, 33 consortia were qualified according to the project's specifications, while 14 were picked as among the best applicants.
Earlier in August, President Abdel-Fattah El-Sisi attended the inauguration of a 72km waterway to be dug alongside the Suez Canal.
The new artificial waterway will cost around $4 billion.
The new canal is part of the Suez Canal Development mega project, which includes the development of several seaports in the three governorates bordering the canal – Suez, Ismailiya and Port Said – in addition to a seaport in the South Sinai city of Nuweiba and the development of Sharm Al-Sheikh airport.
More to follow
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