Word: suez
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...result, Sadat in his travels through the Middle East must beg for funds even as he is trying to solidify his position as spokesman for all the Arab people. So far, he has had some success. Several new housing cities are rising alongside the Suez Canal as part of a rebuilding program that goes hand in hand with canal renovations: Faisal City, named for the late King of Saudi Arabia; Sabah City for the Sheik of Kuwait; Zayed City in honor of Abu Dhabi's Sheik Zayed bin Sultan al Nahayan...
...cost Cairo $24 billion. "Think what a paradise Egypt would be," he says dramatically, "if that had been invested to develop this country." When the Palestine National Council, a kind of parliament of the P.L.O., met in Cairo last year, Sadat sent its members on a sightseeing tour to Suez city, Port Taufiq and Qantara East. Explained an Egyptian editor: "He wanted them to have an idea of what Egypt sacrificed for the Palestinians...
...Suez city, the Red Sea terminus of the great waterway, workers swarmed over docks and piers that had been empty for years. Buoys were being assembled, and pilot ships recaulked and overhauled. In the freshly painted warehouses, piles of new, sweet-smelling hemp rope rose like giant becalmed cobras in spirals to the ceilings. Canal pilots, the skilled men who guide ships through the narrow canal, were flocking back from all over the world. The Suez Canal, once the vital link between the West and the East, was being prepared for this week's gala reopening, eight years...
...sands of the desert." It also saved mercantile countries huge sums in shipping charges. Closing the canal has cost an estimated $10 billion in the extra expense of sending goods around Africa's southern tip. By the end of this week, when the first convoy starts north from Suez city, ships traveling from the Persian Gulf will be able to cut their travel time to Marseille by 50%, to the U.S. East Coast ports by 28%. Japan and Northern Europe in effect will be 22% closer by sea than they were last week...
Even so, some experts consider Egypt's grandiose plans for expanding the Suez Canal to be way beyond the country's means. Before Lesseps first brought together the waters of the Mediterranean and the Red Sea, 97 million cu. yds. of earth had to be excavated; the new plans would require the removal of 300 million cu. yds., a stupendous undertaking even with today's more advanced earth-moving equipment. The Egyptians are nonetheless confident. There is even some talk that the colossal bronze statue of Lesseps, torn to pieces and dumped in a Port Said shipyard...