They must also realize that any project, big or small, cannot be judged a success if we do not ascertain its impact on the environment. But with the outbreak of the industrial revolution, and with the changes occurring in the form and size of traded products, it was necessary that Egypt s position be used differently. The Suez Canal was thus dug which played a major role in world economy over the years. World dynamics, however, are no longer the same. Changes have taken place which prompt the emergence of a new role which fully exploits Egypt s unparalleled position.
Elements reacting on the international arena encourage creative thinking on our part.
These would be of great benefit to Egypt. Jobs to be generated fall in the area of a million and a half to 2 millions. Egypt s importance as a financial center where money market, commodity and insurance businesses thrive would be enhanced. LE 40 to 50 billion are required to have the international storage and distribution zone brought to life. World oil, cereal and navigation companies could contribute each to the creation of the components due to serving them.