7 Mind-Blowing Things You Need To Know About the Suez Canal In Egypt
A man-made wonder that connects the Red Sea with the Mediterranean
- The Suez Canal in Egypt
- Fascinating historical and geographical facts
- Over 1.5 million workers partook in the construction of the Suez Canal in Egypt in 1869, which took over 10 years to finish. Thousands of those labourers died during construction
- ِِA huge expansion of the Suez Canal was officially completed in August 6th 2015. The overall cost of the project was $8.5 billion and it took around 13 months to finish
To cut it short
- The idea of the canal was so crucial, that it was passed on from one great civilization to another, before it was finally built in 1869
- It is the first mega project in Egypt since the construction of the High Dam
The Aswan Dam (commonly referred to as The High Dam), was constructed across the Nile River in 1970 and took 11 years to complete. The $1 billion project ended drought and floods in the region and provided a massive source of renewable energy.
- It is a vital hub that once threatened countries of great superpower
Because the canal is the only link between the Red Sea and the Mediterranean, enormous oil ships have passed through it over the years. And with stocks from the British government and French stakeholders, the canal was in the center of a war between Egypt and the joined forces of France, Britain and Israel after its nationalization by president Gamal Abdel Nasser in 1956.
- The canal was originally supposed to be home to the Statue of Liberty
French sculptor Frédéric Auguste Bartholdi, proposed a plan to the Egyptian government in 1869 to build a sculpture of a woman wearing an Egyptian robe and holding a huge torch to be used as a lighthouse. Needless to say, his offer was not received well, but almost 20 years later, the Statue of Liberty was born in New York.
- It is a major waterway for global trade
– In 2013: 4.6% of the world’s oil and petroleum products passed through the canal.
– In 2007: 7,700 container ships passed through the canal, that’s 7.5% of the world’s total ocean trade
- Quickest shipping route
The Suez Canal is the fastest shipping route between Europe and Asia and it saves around 15 days of journey time
- The 2015 expansion will change everything
The number of vessels passing through it will double from 49 to 97 transits everyday
Bringing in around $5.5 billion today, revenues will at least double in 10 years ($13.2 billion)
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