Al Maqsad New Capital is an upcoming megacity in Egypt located in the East of Cairo. The city is planned to span over 700 square kilometers and will be home to over 5 million people. The new city is part of the government’s plan to develop the country and make it a more attractive destination for international investors.

Al Maqsad New Capital will be home to a variety of industries, including technology, finance, and tourism. The city will be equipped with modern infrastructure, including a new airport, a high-speed rail line, and a metro system. It will also feature a number of parks, green spaces, and cultural attractions.

The project is expected to cost around $45 billion and is being funded by a variety of sources, including the Egyptian government, international investors, and private companies. Construction is expected to begin in 2021 and be completed by 2027.