Al Maqsad New Capital is a new city in Egypt located about 45 kilometers east of Cairo. The new city is part of the Cairo Capital District, a new administrative district that is part of the Cairo Governorate. The new city is being built on an area of about 70,000 acres and is planned to accommodate up to 7 million people.

The new city is being developed by the Egyptian government in partnership with the private sector. The project is estimated to cost about $45 billion and is expected to be completed by 2028. Al Maqsad New Capital is being designed to be a smart city, with digital infrastructure such as 5G networks, smart home systems, and digital health systems. The city is also planned to have a wide range of amenities including parks, schools, hospitals, shopping malls, and commercial centers.

The new city is being designed to be a hub for innovation and technology, and will be home to a number of technology companies, universities, and research centers. The city is also planned to have a large number of green spaces, and is expected to be a major tourist destination.

Al Maqsad New Capital is an ambitious project that is expected to have a major impact on the Egyptian economy. The project is expected to create hundreds of thousands of jobs, and to attract billions of dollars in foreign investment. The city is expected to become a major hub for innovation and technology, and to become a major tourist destination.