Anakaji New Capital Egypt is a new city located in the desert east of Cairo. It is a planned city being developed by the Egyptian government to become the country’s new administrative capital. The project was announced in 2015 and is expected to be completed by 2022. The new city will be built on an area of about 700 square kilometers and is expected to house up to 7 million people. It will be home to a new airport, a financial district, government buildings, residential areas, and a number of other facilities. The project is estimated to cost around 45 billion US dollars.