Al Maqsad New Capital is a new development in Egypt that is set to become the country's new capital city. Located in the desert region of Egypt, the new city is being built from scratch and will feature a range of modern amenities and infrastructure.
The project was announced in 2015 by the Egyptian government and is expected to cost $45 billion. It is being funded by a combination of private and public investment. The new city will be home to over six million people and will be a hub for business and industry.
The new city will feature a wide range of modern infrastructure, including a new airport, a new port, a new railway network, and a new metro system. It will also include a range of commercial, residential, and recreational facilities.
The city will be designed to be energy efficient, making use of renewable energy sources such as solar power. It will also feature a range of green spaces, including parks and gardens.
Al Maqsad New Capital is expected to be completed in 2022 and will become the new political, economic, and cultural hub of Egypt. It is hoped that the new city will help to drive economic growth and development in the country.