Al Maqsad New Capital Egypt is a new city that is being built near Cairo, Egypt. The city is being developed by the Egyptian government in partnership with the UAE-based Emaar Properties. The project is estimated to cost $45 billion and is expected to be completed by 2022.

The city is being designed to be a modern, sustainable and livable city, with a focus on green spaces, technology, and infrastructure. It will feature a range of residential, commercial, and leisure developments, including a financial district, shopping malls, hotels, and a theme park.

Al Maqsad New Capital Egypt is part of the government’s Vision 2030 plan, which is aimed at diversifying the economy and creating more jobs. The city is expected to create hundreds of thousands of jobs, and will provide a much-needed boost to the economy.

The city is being built on a plot of land that is bigger than the size of Singapore. It will include a number of green spaces, including parks, gardens, and lakes. The city will also feature a number of cultural and entertainment venues, including a museum, a theater, and a sports complex.

Al Maqsad New Capital Egypt is expected to become a major hub for business, finance, and tourism in the region. It is also expected to attract a large number of foreign investors, which will help to create jobs and stimulate the economy.

The project is being funded by the UAE and Saudi Arabia, as well as other international investors. The city is expected to be completed by 2022, and is expected to have a major impact on the Egyptian economy.