Father Pigol, the pastor of the Egyptian Coptic Orthodox Church in Kuwait, hailed Egypt's new Suez Canal project.

The mega project was carried out at the right time although it should have been done earlier, Father Pigol told MENA correspondent here.

"The Egyptian people are willing to exert their utmost when they find a loving role model leader," he said.

Egypt inaugurates today the New Suez Canal, which will massively increase the capacity of the existing canal and offer an important opportunity to boost the country’s struggling economy.

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 mostly financed by investment certificates sold to Egyptians.