Al Maqsad New Capital is a new city being built in Egypt, located about 30 km from Cairo. It is part of the government’s plan to build a new capital city for the country. Al Maqsad is planned to be a world-class city, with modern infrastructure, and a great quality of life.

The project is being undertaken by the Egyptian government and a consortium of private companies, including the Chinese construction giant China State Construction Engineering Corporation (CSCEC). The project is estimated to cost around $45 billion and the first phase of the project is expected to be completed by 2022.

Al Maqsad is planned to be a smart city, with modern infrastructure and green spaces. It will have a high-speed rail line connecting it to Cairo, as well as a metro system. The city is expected to have a total of 1.5 million housing units, with a focus on providing affordable housing. It will also have a range of commercial and industrial areas, as well as a financial district.

The city will also have a range of cultural and entertainment facilities, including museums, theatres, and a sports complex. It will also have a range of educational institutions, including universities and technical colleges.

Al Maqsad is expected to be a major boost for the Egyptian economy, with the project creating thousands of jobs, and providing a much-needed boost to the country’s infrastructure. It is also expected to attract foreign investment, and to improve the quality of life for the people of Egypt.