The project of the new Suez Canal 
Egypt has started digging one of its greatest giant projects recently .It is the project of the new Suez Canal. This project will be parallel to the current channel. This project will add an extra lane to the Suez Canal .It belongs to Egypt only, and the financing shares of the project will be in Egyptian pounds. This will change the balance of power in the Middle East area and will enhance Egypt economically and will double our income at least three times and provides more than a million jobs .It is an attempt to increase the number of ships using it each day. It will reduce both the waiting time for ships and the economic cost of sailing and it will facilitate the movement of ships. The establishment of this project will attract investors in all countries of the world to invest their money in Egypt .It will also help to establish an industrial area which will attract global trade. Finally I can say that the main aim of this project is to improve our economy