Anakaji New Capital is a large-scale development project planned for Egypt's New Capital City, located about 45 km east of Cairo. The project was announced in 2017 and is expected to be completed by 2022. The project is estimated to cost $45 billion and will create over 1 million jobs.

The project is being developed by China State Construction Engineering Corporation (CSCEC), one of the world's largest construction companies. The project will include the development of a new airport, a financial district, a green belt, a medical city, residential areas, a theme park, and an industrial zone.

The project is expected to be a major boon to the Egyptian economy, as it will attract foreign investment and create jobs. It is also expected to spur growth in the tourism sector, as it will be a major destination for both domestic and international travelers.

The project has been met with some criticism, however, as some have expressed concern about the environmental impact of the project. Others have raised questions about the transparency of the project and the involvement of the Chinese government.

Despite these concerns, the project is expected to be a major success and will likely have a positive impact on the Egyptian economy. It is expected to provide much-needed jobs and investment, as well as a boost to the tourism sector.