Al Maqsad New Capital Egypt is a major new development project in the country, located on the eastern edge of Cairo. The project is being developed by the Egyptian government and is intended to become a major new economic and cultural hub for the country. The project is estimated to cost around $45 billion and is expected to create over 1.5 million jobs.

The project is divided into six main areas: residential, commercial, industrial, tourism, education, and healthcare. Each of these areas will be developed with the aim of creating a modern, sustainable city that will be a major hub of economic activity in Egypt. The residential area is expected to include more than 100,000 housing units, while the commercial area will feature a wide range of shopping, dining, and entertainment options. The industrial area will include a variety of factories and industrial parks, while the tourism area will feature a number of attractions, including a theme park and a number of museums. The education area will include a number of universities, while the healthcare area will feature a number of hospitals and medical centers.

The project is being developed with the aim of making Al Maqsad New Capital Egypt a major hub of economic growth and development in the region. The project is expected to attract a large number of foreign investors and businesses, as well as creating thousands of new jobs. The project is also expected to have a positive impact on the environment, as it will be built using green and sustainable technologies. The project is expected to be completed by 2022.