Ahmed Farouk Ghoneim

If it manages to overcome some rather formidable obstacles, Egypt’s much touted “mega project of the century”—the Suez Canal Corridor Project (SCCP)—has the potential to transform the country into a world-class center for trade and industry.

Since Egypt’s 2011 revolution, the country’s economy has been suffering, with almost all economic indicators pointing to a deteriorating situation—and this despite the unprecedented support of some of the Arab Gulf countries.

If it manages to overcome some rather formidable obstacles, Egypt’s much touted “mega project of the century”—the Suez Canal Corridor Project (SCCP)—has the potential to transform the country into a world-class center for trade and industry.

Since Egypt’s 2011 revolution, the country’s economy has been suffering, with almost all economic indicators pointing to a deteriorating situation—and this despite the unprecedented support of some of the Arab Gulf countries.