CAIRO: Suez Canal Authority (SCA) Chairman Mohab Mamish announced Sunday that the authority has begun a national project for aquaculture in Suez Canal Axis, Youm7 reported.
In press statements Sunday, Mamish said that the project is the first to be implemented in the axis and it aims to extract around 60,000 tons of fish yearly, and it will also offer a number of job opportunities for youth.
He added that around 700 fisheries have been implemented.
The largest fish farm project in the world is underway in the Suez Canal with 3,828 fish basins at an infrastructure cost of 650 million EGP ($83 million,) Minister of Environment Khaled Fahmy told MENA in August.
According to Fahmy, a total of 1,380 basins were in operation as of the inauguration of the New Suez Canal Aug. 6.