The Suez Canal is planning to double its turnover by 2023
Egypt
Thursday 27 August 2015
FJ
The new sector of the channel inaugurated a few weeks ago, ACS (Suez Canal Authority) plans to increase its sales of USD 5.3 billion (2014) to 13.2 billion USD in 2023.
Some analysts dispute these predictions based on registered numbers. According to them since 2010, the number of loaded containers transiting the Canal increased by 4.3% per year, although the Europe / Asia flows in 2 directions accuse a decline of 3.3% per year. To achieve expected sales, cash flows Europe / Asia should grow by 8% annually. Unrealistic figure for some.
source : wk-transport logistique