Overview:

Egypt, with its rich history and culture, embarks on a transformative project – the construction of a new capital city.

Positioned 45 kilometers east of Cairo, spanning a vast area of 700 square kilometers.

Project announced in 2015 by President Abdel Fattah el-Sisi, construction initiated in 2016.

Key Features:

Anticipated to house 6.5 million people, serving as the administrative and financial hub.

Encompasses main government departments, ministries, foreign embassies, and international organizations.

Comprehensive facilities include residential areas, commercial spaces, cultural institutions, and recreational amenities.

Smart, Green, and Sustainable:

Designed with a focus on innovation, technology, and environmental preservation.

Integrated public transportation network, featuring a metro, monorail, electric buses, and dedicated lanes for bicycles and pedestrians.

Utilizes renewable energy sources like solar and wind power, implementing waste management and water recycling systems.

Incorporates elements of Egyptian heritage and identity, including pharaonic, Islamic, and Coptic architecture and art.

Completion and Financing:

Scheduled for completion by 2024, operational by 2025.

Estimated cost exceeds $50 billion, funded by the Egyptian government, private investors, and foreign partners (China, the United Arab Emirates, and Saudi Arabia).

Expected to generate employment opportunities, stimulate economic growth, and contribute to the country’s development.