De Joya New Capital Egypt is an ambitious project that seeks to create a new capital city in the desert outside of Cairo. The project is part of the country’s long-term vision to develop a modern, sustainable city that can accommodate the growing population and provide a better quality of life for its citizens.

The project is being developed by the Egyptian government in partnership with the China Fortune Land Development Company (CFLD). The new city is located in the desert east of Cairo, and will cover an area of 45 square kilometers. It will feature a modern urban center, business parks, educational institutions, and health and leisure facilities.

The project is expected to cost around US$45 billion, and will be funded by both the government and private investors. Construction is set to begin in 2020 and is expected to be completed by 2045.

The project is expected to create up to one million jobs and provide housing for up to five million people. It is also expected to generate US$4.4 billion in taxes annually, and provide a boost to the economy through increased investment and tourism.

The project is part of the government’s Vision 2030, which aims to make Egypt a regional leader in technology, innovation, and economic development. The new capital city is expected to be a major hub for business, finance, and technology, and will be a key driver of economic growth in the country.

The project is also intended to help address the country’s environmental concerns by reducing air pollution and increasing green spaces. It will feature a range of energy-efficient buildings and renewable energy sources, and plans to be carbon-neutral by 2045.

The project is an ambitious undertaking that seeks to create a modern, sustainable city in the desert outside of Cairo. It is expected to create jobs, boost the economy, and reduce the country’s environmental footprint. If successful, it could be a major driver of economic growth in Egypt for years to come.