The news that the Egyptian government is widening the southern section of the Suez Canal has attracted widespread attention from the international community. The incident of the heavy cargo ship Ever Given running aground in the Suez Canal had a serious international impact. This blockage of the canal also made Egypt aware of the urgency and necessity of widening the river channel. For Egypt, although widening the river channel will cost a lot of money, in the long run, this will be very beneficial to Egypt. After all, the Suez Canal is an important source of revenue for Egypt.

Egypt widens Suez Canal. The first is to avoid another blockage like the Changci. Due to the grounding of the Ever Given, the Suez Canal experienced the largest blockage of the century. In order to reduce the recurrence of this situation, the Egyptian government decided to widen the southern channel of the Suez Canal; secondly, in order to increase navigation volume. The Suez Canal is the busiest waterway in the world, but due to the limited width of the canal, only one-way traffic is available in the southern section. Therefore, Egypt's widening of the waterway is also to increase the navigation volume of the canal and achieve two-way navigation; and finally, to increase revenue. The Suez Canal is the main source of revenue for the Egyptian state's important fiscal and foreign exchange reserves. By widening the channel, more ships can pass through, and more national revenue can be achieved. 1. Avoid blockage again.

The grounding of the Panamanian freighter Ever Given in the Suez Canal caused a lot of damage, and the Suez Canal was blocked for a week. In order to avoid a similar situation from happening again, Egypt will widen the southern section of the Suez Canal. 2. In order to increase navigation volume.

Due to the relatively narrow channel, the navigation capacity of the Suez Canal is now greatly restricted, and only one-way traffic is available in the southern section of the channel. This situation urgently needs to be changed. Therefore, Egypt is widening the southern section of the Suez Canal to increase navigation and achieve two-way navigation. 3. To increase national income.

The Suez Canal is the main source of revenue for Egypt’s national finance and foreign exchange reserves. The navigation volume of the Suez Canal will directly affect Egypt’s national income. Therefore, Egypt's widening of the Suez Canal is also to increase the country's fiscal revenue.