Japan will provide Egypt a grant worth EGP 1 billion (USD 22 million) to finance the construction and delivery of a first-of-its-kind Dive Support Vessel (DSV) for the Suez Canal Authority (SCA)
The funding will be extended through the Japan International Cooperation Agency (JICA) under an executive agreement signed on Sunday
The vessel will have a beam of 10 metres, a draught of 4.5 metres and a displacement of 620 tonnes. The vessel will also be equipped with two decompression chambers to support diving and rescue operations, as well as a waste treatment unit.
The project is intended to enhance navigational safety, improve rapid-response capabilities during maritime incidents and support the sustainable operation of the Suez Canal.