Minister of Transitional Justice and Parliamentary Affairs Ibrahim Henedi sent on Thursday a cable of congratulations to President Abdel Fattah El Sisi on the inauguration of the New Suez Canal.

In the cable, Henedi hailed the efforts exerted by Egyptians to achieve this miracle.

The whole world shares Egypt Thursday's celebrations on opening the New Suez Canal.

The new 72-kilometer waterway, built in less than a year at a cost of 60 billion EGP, runs part of the way alongside the existing canal connecting the Red Sea and the Mediterranean.

The new canal will cut the waiting period for vessels from 18 hours to 11.

The legendary project was mostly financed by investment certificates sold to Egyptians. Over 60 billion EGP was collected in one week.