Al Maqsad New Capital Egypt is an ambitious project that will transform the country’s capital into a modern metropolis. The project is part of the government’s Vision 2030 plan, which aims to create a more sustainable and prosperous Egypt.

The project is being developed by the China State Construction Engineering Corporation (CSCEC) and is expected to cost around $45 billion. The new city will be located in the desert east of Cairo, covering an area of 70,000 acres and will include residential, commercial, and industrial areas.

The new city will be designed to be a hub for business, finance, and technology. It will feature a number of modern amenities, including a high-speed rail network, an international airport, a medical city, and a financial district. It will also have a number of parks and green spaces, as well as a range of cultural and entertainment facilities.

The project is expected to create up to 1.5 million new jobs, and the government has made it a priority to ensure that the new city is environmentally friendly. The project is expected to be completed by 2030 and will be a major contributor to Egypt’s economic growth and development.