Al Maqsad New Capital is a planned city in Egypt that is set to become the country’s new administrative capital. The city is located in the eastern desert region of the country, about 45 kilometers east of Cairo. It is a major project of the Egyptian government, and is expected to be a world-class city that will become a major economic and cultural hub for the country.

The city is planned to be built on an area of about 700 square kilometers, and is expected to be home to up to five million people. It will include a number of residential areas, commercial and business centers, educational institutions, a large international airport, and a number of other facilities. The city will also have a number of parks, gardens, and other green spaces.

The city is expected to be a major hub for the country’s economy, with a focus on technology and innovation. It is also expected to be a major tourist destination, as it will be close to many of the country’s most popular attractions.

The project is expected to cost around $45 billion, and is expected to be completed by 2022. The Egyptian government has already started the process of acquiring the necessary land and has started the construction of the city’s infrastructure. It is expected that the city will become a major contributor to the country’s economy, and will be a major source of employment for the region.

Al Maqsad New Capital is expected to be a major milestone in the development of Egypt, and is sure to have a major impact on the country’s economy and culture. It is sure to be a major boost for the country’s tourism industry, and will be a major draw for foreign investment.