Atika New Capital is a new development in Egypt that is set to become a major hub for business and leisure. Located just outside of Cairo, the new city will be built on an area of over 5,000 acres and is expected to have a population of up to 1 million people.
Atika New Capital is being developed by a consortium of international developers including the UAE-based Emaar Properties and Egypt’s Palm Hills Developments. The project is expected to cost $45 billion and will be completed in phases over the next 10 years.
The new city will feature a variety of residential and commercial properties, including luxury hotels, shopping malls, office buildings, and a range of other amenities. It will also have a large industrial zone and is expected to become a major hub for business and finance.
Atika New Capital will also feature a wide range of leisure and entertainment options, including a theme park, sports facilities, and a variety of cultural attractions. It will also have a wide range of educational facilities, including universities and international schools.
The new city is expected to be a major boost to the Egyptian economy, creating thousands of jobs and providing a much-needed boost to the country’s tourism industry. The development is also expected to attract foreign investment, as well as providing a platform for international trade.
Atika New Capital is an ambitious project that will transform the Egyptian landscape and provide a major boost to the country’s economy. It is expected to be completed over the next decade and will be a major hub for business, leisure, and culture.