Al Maqsad New Capital Egypt is a new city being developed outside of Cairo, Egypt. The project is part of the Egyptian government’s plan to create a new capital city, which is intended to alleviate the strain on Cairo’s infrastructure.

The new city is being built on an area of nearly 700 square kilometers and is expected to be ready for occupancy by 2022. It is being designed to be a modern, livable city with a range of amenities and attractions. The project is being developed by the Egyptian government in partnership with a number of private investors.

The city is planned to have a wide range of residential, commercial, and recreational facilities. It will include a central business district, a technology park, a medical city, and a university. There will also be a number of parks and green spaces throughout the city.

The city will have a modern transportation system, with a light rail system and a metro system. It will also have a modern airport and a seaport. The city will be connected to Cairo by a new highway and a railway line.

The new city is expected to attract a number of businesses and investors, as well as providing jobs for the local population. It is also expected to be a major tourist destination, with a range of cultural attractions and entertainment venues.

The project is an ambitious undertaking and could have a major impact on Egypt’s economy. It is hoped that it will help to create jobs, stimulate economic growth, and attract investment. If successful, it could be a major boost to the country’s development.