Why the new canal in Egypt?

Egyptians already have a Suez Canal that offers the world’s quickest shipping route between Asia and Europe.
So why build a second one?
The Suez Canal has been an essential source of hard currency for Egpyt and a big draw for tourists.
But all that has been withering since the 2011 uprising that toppled former president Hosni Mubarak.
To revitalize the economy, Egyptian president Abdel Fattah al-Sisi lunched a project to dig a new Suez Canal in Ismailia last year.
He did so only two months after assuming the role of president.
The project took less than one year to complete.
It includes a newly-dug 35-km waterway alongside the original 190-km Canal.
It also includes a 37-km expansion and deepening of some parts of the old canal.
The new canal system will cut the waiting period for vessels from 18 hours to 11 and increase the number of passing ships from 47 to 97 per day.
The new artificial waterway is part of a larger project to expand the Suez port and shipping facilities and build large industrial zones.

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