Al Maqsad New Capital Egypt is a major new urban development project in Egypt. The project is located east of Cairo and is expected to become a new administrative, commercial and residential hub for the country.

The project is being developed by the Egyptian government in partnership with the United Arab Emirates, and is expected to be completed by 2030. The project is intended to alleviate the overcrowding and infrastructure problems of Cairo, while providing a modern and sustainable city for the future.

The project is estimated to cost around $45 billion and will cover an area of around 70,000 acres. It will include a new international airport, a business district, residential areas, and a variety of other amenities.

The new capital is planned to be a green city, with a focus on renewable energy sources and sustainable development. It will also feature a range of cultural and entertainment attractions, as well as a number of public spaces.

The project is expected to create around 1.5 million jobs and attract around 5 million people to the city. It is hoped that the project will help to boost the Egyptian economy and create a modern and vibrant city.