Timsah Ship Building Company, a subsidiary of the Suez Canal Authority, aims to make business worth EGP 500m in 2017. He noted that the company is currently developing its business through establishing an administrative building on 60 square metres and three floors. He added that the company is also about to establish a floating bridge between the two shores of the Suez Canal in Ismailia. The company’s bridge is set to be completed in August. Several other companies are taking part in the constructions process, including a number of the Suez Canal Authority’s other subsidiaries.

Source: Daily News Egypt May 04, 2017 09:11 UTC