Suez Canal expansion: The first step in stabilising Egypt’s economy

Senior global investment strategist says Egypt’s $8.5bn expansion of the Suez Canal waterway is the first step in addressing the deficit plaguing the country

August 6, 2015
Transcript

Senior global investment strategist and oil and gas consultant Burdin Hickok tells World Finance that addressing youth unemployment through the canal upgrade and other “showy” investments will be a significant factor in achieving political stability, a precursor to greater FDI.

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