President Sisi meets Chairman of Suez Canal Authority

Egypt Today

12-05-2025

CAIRO – 12 May 2025: President Abdel Fattah El Sisi met with Chairman of the Suez Canal Authority Admiral Ossama Rabiee, and CEO of the South Red Sea Shipyard Company, Mostafa El-Degeishy.
Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, stated that the President was briefed on developments in Suez Canal navigation, as well as ongoing efforts to maintain the standard of maritime and navigational services, despite current international and regional challenges.
This includes the introduction of a package of new navigational services and the completion of projects to develop the canal's navigational course. In this context, the completion of the Southern Sector Development Project of the Canal, which commenced full operation in February 2025, was highlighted, along with the Ismailia Water Treatment Plant, the establishment of which has been finalized with a total capacity of 180,000 cubic meters. This is in addition to the introduction of new maritime units into service.
The meeting also reviewed updates on various projects undertaken by the Authority and its affiliated companies, the activities of the Authority's Research Center, progress in the construction of new floating bridges, ongoing dredging operations in Bardawil Lake inlets, and the upgrading of fishing docks.
The discussion also focused on efforts to modernize the Suez Canal Authority's maritime fleet through the acquisition of advanced new units to ensure sustained navigational efficiency and safety, while accommodating the increasing demands of global trade.
Emphasis was placed on localizing the maritime industries to meet the needs of the canal's waterway and its surrounding areas. Moreover, the meeting also discussed a plan for the construction of deep-sea fishing vessels in Egypt harnessing advanced technology, with the aim of establishing an integrated system for fish harvesting, production, and packaging.
The President stressed the importance of enhancing effective communication between the Suez Canal Authority and its clients and strengthening the strategic relationships with major shipping lines and relevant international organizations, particularly in times of crises.
President Sisi gave directives to continue the development of maritime and navigational services in accordance with the highest quality standards and emphasized the need to maximize the canal's capacity as a key hub in global trade, while focusing on creating new jobs in the shipbuilding sector.