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Mameesh: 600 million dollars increase in SC revenues.

Vice admiral/ Mohab Mameesh, head of SC authority and of Canal Economic Zone said that New Suez Canal has achieved very big revenues where Canal revenues has increased to 600 million dollars last year and will also increase this year by another 600 million, pointing out that the Canal’s income was 5 millard dollars in one year and has become 6 millard.

 Mameesh added that Canal revenues and profit are targeted to double during 2023, than what have been achieved in 2014, and hence its benefit will reflect on Egyptian economy.

  He continued that there are exerted efforts in supplying vessels that cross the Canal for the sake of revenues output increase and increase of hard currency that enters Egyptian Central bank.

IMO Secretary-General

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