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President Sisi inspires hope, trust in Egypt's future amidst challenges, commends Suez Canal project

The president acknowledged the significance of the prime minister's remarks and stressed the importance of upcoming opportunities for dialogue.

By: Mohamed Zain

Sat, Sep. 30, 2023

President El-Sisi's recent address at the "Hikayat Watan" conference reaffirms hope, unity, and trust in Egypt's future - Press Conference

In a recent address at the opening of the conference "Hikayat Watan: Between Vision and Achievement," President Abdel Fattah El-Sisi responded to Prime Minister Dr. Mustafa Madbouly's speech with a message of hope for the Egyptian people.

The president acknowledged the significance of the prime minister's remarks and stressed the importance of upcoming opportunities for dialogue.

President El-Sisi addressed the Egyptian populace, emphasizing the nation's accomplishments and highlighting the forthcoming presidential elections as a chance for change.

He encouraged the citizens to participate actively in the democratic process, stating, "The choice is yours; anyone who has something should take it."

The president's remarks came at the outset of the "Hikayat Watan" conference, where he reflected on the challenges faced by Egypt in recent years.

He acknowledged the erosion of trust in the government and the people's self-confidence, attributing these issues to misinformation campaigns and doubt sown within the Egyptian citizenry.

Regarding the contentious topic of the Suez Canal expansion, President El-Sisi refuted allegations and addressed the negative narratives surrounding this vital national project.

He defended the project, asserting that it had been carried out with integrity and dedication by Egyptian workers. He called for an end to baseless accusations and emphasized that "every word of falsehood and harm will be accounted for."

The president highlighted the importance of restoring trust and hope in the hearts of Egyptians, particularly through the Suez Canal project.

He recalled an initiative from his tenure as Minister of Investment, where he aimed to involve the Egyptian people in the canal's development by offering a 12% interest rate on contributions, higher than the standard 10.5%.

This unprecedented decision was intended to instill hope and foster a sense of collective ownership.

Addressing the financial aspects of the project, President El-Sisi stated that while the government would shoulder the burden of repaying the 64 billion Egyptian pounds in revenue generated, the moral return on investment was immeasurable.

He underscored the positive impact the canal expansion had on the entire Egyptian populace, leading to increased national pride and unity.

In closing, President Abdel Fattah El-Sisi reinforced his commitment to honesty, accountability, and the welfare of the Egyptian people.

He emphasized that the Egyptian character was defined by building, progress, and development, rather than destruction, skepticism, or injustice.

The president's address aimed to rekindle hope, trust, and a sense of purpose among Egyptians, as the nation looks towards a brighter future.