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Egypt’s Suez Canal Authority has announced that a Bahrain-registered firm is to develop a huge industrial and logistics hub around the canal.
The head of the Suez Canal Authority, Lieutenant General Mohab Memish, announced the winning consortium alongside Prime Minister Ibrahim Mahlab at a press conference in Ismailia, a city on the banks of the canal.
“The winning consortium to create the master plan for the Suez Canal area development project is the consortium of Dar Al-Handasah Shair and Partners, which is registered in Bahrain, in alliance with Dar al-Handasah Egypt,” LTG Memish said.
He gave no further details about how much the project is likely to cost or which industries the plan would focus on.
Dar Al-Handasah boasts 6,900 employees and offer services in planning, design, management and supervision and that it has finished building projects across the Middle East, Africa and India.
