Atika New Capital is a large-scale real estate development project located in Egypt's new administrative capital. The new capital is being built east of Cairo and is expected to become the country's new administrative and financial center.
Atika New Capital is being developed by the Saudi-Egyptian Construction Company (SECON), a joint venture between the Saudi Binladin Group and the Egyptian Ministry of Housing. The project covers an area of around 1,000 acres and is estimated to cost around $3.5 billion.
The project includes a variety of residential, commercial, and entertainment facilities. The residential component of the project includes a range of villas, townhouses, and apartments, while the commercial component includes office buildings, retail spaces, and hotels. The project also includes a range of entertainment facilities, such as parks, cinemas, and sports facilities.