South Sinai Governor Khaled Fouda chaired on Wednesday a meeting to review measures taken to secure celebrations of the inauguration of the New Suez Canal on Thursday.

Mobile and fixed checkpoints have been set up at the entry and exit points of the governorate to foil any terrorist attack.

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 legendary project was financed by investment certificates sold to Egyptians.