Al Maqsad New Capital Egypt is a major new city being built near Cairo, Egypt. The project is part of a large-scale economic and urban revitalization plan for the country. The new capital will be located in the east of Cairo, and is expected to become a major economic and administrative hub for the region.

The new capital will include a variety of features, including high-tech infrastructure, modern housing and a wide range of commercial and entertainment options. An estimated 6.5 million people are expected to live in the city. A number of international companies have already expressed interest in making investments in the project, including Chinese and Japanese firms.

The project is led by Egypt’s Housing, Utilities and Urban Communities Minister, Assem El-Gazzar, and is planned to be completed by 2022. The project is expected to cost an estimated $45 billion and will include a wealth of public amenities and services. These include hospitals, educational facilities, a financial district, business parks, technology parks, green areas and parks.

The government of Egypt hopes that Al Maqsad New Capital Egypt will become a major global city and become a hub for innovation and business growth. The project is seen