No, there are many other ...

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No, there are many other options

Dear Mr. Amir:

The simple answer for your question is "NO". There are other 

options for such a financially mega-, environmentally destructive-, 

and politically controlling project by some parties in the region.

For further information, please see the following Hyperlinks:

http://www.pchrgaza.org/portal/en/index.php?option=com_content&view=article&id=9873:palestinian-ngo-statement-on-the-world-bank-sponsored-red-dead-sea-canal&catid=130:links-from-other-links&Itemid=228

AND 

http://www.academia.edu/Documents/in/Water_Conveyance_Mega_Project

Kind regards,

Prof. Dr. Hilmi S. Salem