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#mamish

Egypt's Chairman of the Suez Canal Authority has announced the planned digging of a new canal 'parallel' to the 145-year-old historic Suez Canal. "The project will lead to the creation of a new Suez Canal parallel to the current channel of a total length of 72 kilometres," said Mohab Mamish, adding that the project would cost $US 8 billion to implement and would create at least one million jobs. According to Mamish, the project will involve dry digging of 35…