Al Maqsad New Capital is a new city being developed in Egypt. It is located in the desert on the outskirts of Cairo and is expected to become the country’s new administrative capital. The project is being funded by the Egyptian government and is being developed by China State Construction Engineering Corporation (CSCEC).

The city is being developed in two phases. The first phase is expected to be completed by 2022 and will include a business district, residential areas, a medical city, an international airport, and a financial district. The second phase is expected to be completed by 2030 and will include a theme park, a technology park, an international exhibition centre, and an industrial zone.

The city is being designed to be a modern, sustainable, and smart city, with an emphasis on green technology and renewable energy sources. It will also feature a large number of public parks and green spaces, as well as a variety of cultural and entertainment venues.

Al Maqsad New Capital is expected to create hundreds of thousands of jobs and attract billions of dollars in investments. It is also expected to reduce overcrowding in Cairo and provide a more modern and efficient infrastructure for the country.

The project is part of the Egyptian government’s Vision 2030 plan, which aims to modernize the country and create a more prosperous future for its citizens. The government is hoping that the new city will help to attract more foreign investment and help to diversify the country’s economy.