Suez corridor project is expected to create around one million job opportunities within 15 years of operation, said director of operations at Dar Al-Handasah that wraps up the project's master plan. During the Builders of Egypt 2014 Forum that kicks off today, Yehia Zaki has also expected that the project would contribute to the creation of a new community with total population of 5 million. An alliance between Shair, partners Dar Al-Handasah and its Egypt-based firm won the bid for the Suez Canal development project in August. The Suez Canal Corridor Area Project is a mega project in Egypt that was launched on August 5 2014 by President Abdel Fattah al-Sisi. The project's aim is to increase the role of the Suez Canal region in international trading and to develop the three canal cities: Suez, Ismailia, and Port Said. The project is also known as "The Great Egyptian Dream" because it will help the economy of Egypt to re-heal after many years of unrest and corruption. The project involves building a new city (new Ismallyah city, an industrial zone, fish farms, completing the technology valley, building 7 new tunnels between Sinai and Ismailia and Port Said, improving 5 existing ports, and digging a new canal parallel to the Suez Canal. The new canal will increase the canal capacity by allowing ships to sail into both directions at the same time. The project will transfer the canal cities into an important trading center globally. It will also build new centers around the Suez Canal for logistic and ship services.
