Translation from English

Thursday, August 6, 2015

Egypt Unveils Suez Extension - AP

Egypt unveils Suez Canal extension with pomp-filled ceremony 42 minutes ago
ISMAILIA, Egypt (AP) — In a defining moment of his young presidency, Egypt's Abdel-Fattah el-Sissi presided Thursday over the unveiling of a major extension of the Suez Canal that he hailed as a historic feat needed to revive the country's ailing economy after years of unrest.
Upbeat and clearly relishing the pomp-filled occasion, el-Sissi nevertheless conceded that the $8.5 billion project will not bring a quick economic windfall to a country roiled by violence and unrest since 2011. Its completion, he said, was but the first of a 1,000-step journey Egyptians must take toward economic recovery.
"Egyptians have made a huge effort so as to give humanity this gift for development and construction," el-Sissi said, his words interrupted at times by the horns of container ships using the new extension — a sound that brought a smile to his face and cheers from those in attendance
The magnitude of the project, its completion on schedule 13 months into his presidency and the large high-level foreign representation at its unveiling were likely to bolster el-Sissi's already high standing among many Egyptians — pushing aside, at least for a time, his reputation as an authoritarian leader with little regard for human rights or liberties.
Playing into his hands is a clear shift by many Egyptians away from the need for democratic freedoms and toward economic survival as a top priority — not surprising in a country where nearly half the population is below or hovering just above the poverty line.
Wearing his ceremonial military uniform and trademark dark sunglasses on a sweltering August day, el-Sissi flew to the site aboard a military helicopter and immediately boarded the same monarchy-era yacht that dignitaries sailed on during the canal's inauguration in 1869.
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