Thanks to the widening and deepening of the canal, the waiting time on the navigation route has been halved. It is the fourth time since WWII that dredging and environmental company DEME contributes to the optimisation of this major artery of the Egyptian economy.
The new Suez Canal has been completed in record time thanks to several consortia from the global dredging scene. In just 9 months, the 193km-long canal has been extended with a parallel waterway and deepened entirely over a length of 70km, which has reduced the 14-hour waiting time by half. This is an important asset for the Egyptian economy, aimed at generating new shipping activity and attracting new industrial activities.
In October 2014, the DEME consortium was awarded lot 6 with a contract value amounting to USD540 million. The Suez Canal Authority (SCA) hence commissioned the realisation of an additional 250-metre-wide, 24-metre-deep, and 29.5-kilometre-long fairway through the Great Bitter Lake. The access channels to the lake have been widened to 140 metres.
A DEME delegation will attend the inauguration festivities on 6 August 2015 in the presence of Belgian Deputy Prime Minister and Minister of Economy Kris Peeters.

