Eng. Ibrahim AlAraby ,vice chairman of Egyptian Federation of Chambers of Commerce and Cairo Chamber's chairman confirmed that the new project of Suez Canal is very important, because it will increase investment and trade rates, which serves the interests of the country's economy and And also reflects positively on the entire Arab region.this huge project will increase both sides Vessel Movement, also through this project there are large investment Expansions in all sectors, that will contribute in  investors 'trust inside and outside Egypt.

AlAraby demanded that these expansions should keep pace with economic legislations to achieve actual development, especially there are many economic laws are outdated and need more amendments to keep pace with next stage.

He explained that this project will greatly contribute in reducing unemployment rates through recruiting    a large number of youth and establishing many  great industrial projects at both sides of the Canal to provide logistics for navigation movement and tourism.

He added that all Egyptian people encourage the new project and support it because it is huge project and will achieve a major shift for investment and trade movement in the light of looking forward to developing  and expanding of all sectors in the coming period .