Al Maqsad New Capital Egypt is a new city being developed in the desert outside of Cairo, Egypt. The project is the brainchild of the Egyptian government and is intended to become a major hub for business, finance, technology, and culture.

The project is being developed by the New Urban Communities Authority (NUCA) and is expected to cost $45 billion. The project is expected to take up to 15 years to complete and will include the construction of a new airport, a high-speed rail line, and an industrial zone. The project will also include schools, universities, hospitals, and housing for up to five million people.

The new city is intended to help alleviate the overcrowding and pollution in Cairo and provide a modern, well-equipped city for businesses and residents. The government is hoping that the new city will attract foreign investment and create jobs for the local population.

The project is expected to be a major boost to the economy, creating thousands of jobs in construction, engineering, and other fields. It is also expected to be a major draw for tourists, with its modern amenities and attractions.

The project is still in its early stages and is expected to be completed by 2035. However, it is already generating a lot of interest and excitement among Egyptians, who are looking forward to the new city and the opportunities it will bring.