President Abdel Fattah Al Sisi will head Saturday to the city of Port Said in order to kick-start Suez Canal axis development project, Al Bawaba News reported. Al Sisi is expected to order the construction of a massive seaport east of the city, as well as fish farms, industrial and logistics zones. He is likely to issue instructions of building tunnels under the canal, which will help provide 500 thousand job opportunities for the young people. The investment volume in the Suez Canal axis development project is estimated to reach $ 50 billion worth of investments. The president will announce the expected deadline for the completion of the project. Also, the president is scheduled to inspect a number of projects, during his visit to the city.
