19 March 2015
DEME, an international group of specialised companies in the field of capital and maintenance dredging, land reclamation and port infrastructure development has announced that their part of the dredging works on the New Suez Canal are on schedule and 50% of the job is completed.
The completion of this capital development program is expected in August.
The project was launched by the Chairman of the Suez Canal Authority Mohab Mamish in the presence of Egyptian President Abdel Fattah el-Sisi on 5th August 2014.