VOL. XXXI

NO. 46

22-AUGUST-1988

EGYPT

Interest Revives in Suez Canal Expansion Plans

The Suez Canal Authority (SCA) is seriously considering reviving Phase II ofthe Canal's expansion plan which was shelved following the completion of Phase Iin December 1980 at a cost of about $1.3bn. The revival of interest in Phase IIcomes in the wake of recent developments in shipping and improvements in theCanal's transit figures and toll income, in addition to improved prospects forending the Gulf war and the...