Suez Canal revenues have been relatively flat in recent years because of the growing global trend of relying on other means of transportation (chiefly pipelines and air) for trade. Plans to deepen the canal to allow the use of supertankers will help, but the long-term prospects are for no or slow growth in revenues. Contributions of the Suez Canal and transportation sector to the total GDP in 2000/2001 amounted to LE 26.921 billion.
|
