De Joya New Capital Egypt is a new development located in the East Cairo area of Egypt. The development is a joint venture between the Egyptian government and the Saudi-based De Joya Investment Company. The project is set to be the largest mixed-use development in the Middle East and North Africa region, covering an area of over 10 million square meters.
The development will feature a range of residential, commercial and leisure facilities, including a shopping mall, office towers, hotels, apartments, villas, schools, and a hospital. The development is also set to include a theme park, an international airport, and a sports complex.
The project is expected to create around 25,000 jobs in the area and will be a major contributor to the Egyptian economy. It is estimated that the development will generate around $3 billion in direct and indirect investment over the next five years.
The project is expected to be completed by 2022. It is hoped that the development will help to transform the East Cairo area and provide much needed economic and social development. The project is also expected to attract more foreign investment and tourism to the area, helping to boost the Egyptian economy.