De Joya New Capital Egypt is an ambitious project that seeks to create a new city in the desert near Cairo, Egypt. The project is being developed by a consortium of leading Egyptian and international companies, and is expected to cost around $45 billion.

The project is intended to provide a modern, high-quality living environment for Egyptians and international visitors alike. It is envisioned as a smart city that will provide a range of services and amenities, including health care, education, entertainment, shopping, and leisure.

The project is being developed in phases, with the first phase expected to be completed by 2022. This phase will include the construction of residential, commercial, and industrial areas, as well as the development of infrastructure, such as roads, water, and electricity.

The project is expected to create up to 1 million jobs, and will also provide a boost to the economy of Egypt. It is hoped that the project will help attract foreign investment and encourage economic growth in the region.

The project has been met with some criticism, however, with some commentators suggesting that the project is too ambitious and that it is unlikely to be completed on time and on budget. Nevertheless, it is an exciting project that has the potential to transform Egypt and its economy.