Al Maqsad New Capital is a new development project in Egypt, located in the outskirts of Cairo, the country's capital. The project is being implemented by the Egyptian government as part of its plan to create a new administrative capital to ease the congestion and overcrowding of the current capital city.

The Al Maqsad New Capital project aims to provide modern infrastructure, housing, and facilities that will attract residents and investors to the new city. The project is being built on an area of 10,500 acres and is expected to be completed in several phases.

The first phase of the project was launched in 2018 and includes the construction of a central business district, government buildings, residential units, and other facilities. The total cost of the first phase is estimated to be around $58 billion.

The new city is planned to have a population of about 5 million people and will feature modern infrastructure, including roads, highways, and a new international airport. The project is also expected to create employment opportunities for Egyptians and boost the country's economy.

One of the main features of Al Maqsad New Capital is the "Green River" park, which will be the largest park in the world, stretching over 10 miles. The park will feature green spaces, bike paths, and recreational facilities, providing a much-needed escape from the hustle and bustle of the city.

The city will also include educational facilities, including universities, schools, and research centers, to cater to the growing needs of the population. The government is also planning to build a smart city, with the latest technology and communication infrastructure, making it an attractive destination for tech companies.

The Al Maqsad New Capital project is part of the Egyptian government's broader plan to develop the country's infrastructure and economy. The government is committed to creating a sustainable, modern, and inclusive city that will provide a better quality of life for Egyptians.

In conclusion, Al Maqsad New Capital is a significant development project that has the potential to transform Egypt's economic and social landscape. With its modern infrastructure, facilities, and green spaces, the city is poised to attract residents and investors from around the world. The project is expected to be completed in several phases, and its success will depend on the government's ability to ensure sustainable development and inclusive growth.