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So with a POD of lets say 1500, what is the earliest a Suez Canal can be build? And what would be the problems with building one (political or economical as well as technical)?

The reason I ask is because I have this idea for a potential timeline in which a colonial power (France) decides to secure North Africa and Egypt to create an easier route to India. So I was wondering could a Suez Canal be build earlier (it doesn't matter if France builds it or even controls it) and why my idea wouldn't work (people on this site often bring realism to ideas that look cool, but actualy won't work).
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