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Abdulazeez Abubakar
3 days ago
Overview
Egypt, Saudi Arabia set to build $4 billion ‘Moses Bridge’ linking continents across Red Sea
Egypt and Saudi Arabia are pressing ahead with plans to construct a $4 billion bridge across the Red Sea, in a move to deepen economic ties and boost regional connectivity.
The ambitious infrastructure project, dubbed the “Moses Bridge,” will span approximately 32 kilometres, directly linking the Egyptian resort city of Sharm El-Sheikh with Ras Alsheikh Hamid in Saudi Arabia via Tiran Island.
The announcement, which signals the culmination of years of planning, marks a significant milestone in bilateral relations between the two nations.
Kamel al-Wazir, Egypt’s transport minister, confirmed that detailed planning has been finalised and the project is now ready for implementation.
“We have now completed the planning for the bridge between Egypt and Saudi Arabia and are ready to implement it at any time, whether a bridge or a tunnel,” he said.
According to him, the Moses Bridge is designed to serve as a strategic link between Africa and Asia, creating a direct overland route for both people and goods.
“With travel time between the two countries expected to drop to as little as 30 minutes by car, the project is poised to revolutionise mobility in the region”, he said.
“One of the most anticipated outcomes is the expected surge in tourism as he predict that the number of Saudi tourists visiting Egypt could increase fourfold from an average of 300,000 annually to more than 1.2 million.
“The easier access to Egypt’s Red Sea coast is also likely to benefit local economies, especially in the Sinai Peninsula, which has long been a magnet for international visitors.
https://businessday.ng/world/article/egypt-saudi-arabia-set-to-build-4-billion-moses-bridge-linking-continents-across-red-sea/#:~:text=%E2%80%9COn%20the%20trade,on%20oil%20revenues.
