Al Maqsad New Capital is a new city being developed in Egypt. The project, which is estimated to cost $45 billion, is being developed by the state-owned New Urban Communities Authority (NUCA). It is located 45 km east of Cairo and covers an area of approximately 700 square kilometers.

The project is part of a larger plan to develop new cities in Egypt and is part of President Abdel Fattah El-Sisi's vision for the country. The project is expected to be completed by 2022 and will include a variety of housing, business, and entertainment options.

The city will be divided into seven districts, each with its own theme. These districts will include a technology and innovation district, a financial district, a healthcare district, a sports and leisure district, a green district, a culture and arts district, and a logistics and industry district.

The project is expected to create 1.5 million jobs and provide housing for 5 million people. It will also include a number of green spaces, including parks, gardens, and a nature reserve.

The project is part of a larger plan to develop Egypt's infrastructure and create economic opportunities for its citizens. It is hoped that the project will help to reduce unemployment, attract foreign investment, and boost the country's economy.

The project has been met with some criticism, as some argue that it is too expensive and will not benefit the average Egyptian. However, the government has argued that the project will create jobs and economic opportunities and will help to reduce poverty in the country.

Al Maqsad New Capital is a major project and one that could have a major impact on the future of Egypt. It is hoped that the project will be successful and will help to create a better future for the country.