CAIRO: President Abdel Fatah al-Sisi announced that Egypt is to establish the biggest fishery in the Middle East in East Port Said on area of 23,000 acres by October 2016, according to a Sunday presidential press release.
Sisi added that the fishery is to be established per the international standards and will contribute to increasing Egypt’s production of fish to 50,000 to 100,000 tones, said the release.
During his meeting with the army forced and public figures at al-Galaa Theatre in Cairo Sunday, Sisi mentioned that the first stage of establishing the East Port Said port cost 5 billion EGP ($63.85 million.)
Egypt started the dredging works of a new 9.5 kilometer-long shipping lane in East Port Said immediately after the inauguration of the 72km-long New Suez Canal on Aug. 6, to facilitate international trade maritime navigation, said head of Suez Canal Authority (SCA) Mohab Mamish Aug. 8.
The new shipping lane is parallel to East Port Said and allows vessels to sail in both directions simultaneously, reducing waiting time for international vessels passing from and to the main Suez Canal and the Mediterranean Sea.