De Joya New Capital Egypt is an ambitious new project that is located in the outskirts of Cairo, Egypt. The project is a joint venture between the Egyptian government and the UAE-based De Joya Group. It is estimated that the project will cost around $45 billion and will span over an area of 70 square kilometers. The project is expected to be completed by 2025.

The project is expected to create a new city that will be home to over 400,000 people. It is planned to include residential areas, commercial districts, a business park, and a tech park. It will also include a university, a medical center, a cultural center, and a sports complex.

The project is being developed in line with the Vision 2030 plan, which was launched by the Egyptian government in 2016. The plan aims to increase the country’s economic growth and create new jobs. The project is also expected to attract foreign investment and create new opportunities for the local population.

The project is expected to create around 500,000 jobs in the construction and engineering sector. It is also expected to create around 2 million jobs in the hospitality and tourism sector. The project is expected to have a positive impact on the local economy and will help to reduce poverty and inequality.

The project is being developed with the help of the UAE’s De Joya Group. The Group is a leading international real estate developer and has been involved in many successful projects in the Middle East and North Africa region. The Group has also been involved in the development of the world’s tallest tower, the Burj Khalifa in Dubai.

The project is expected to be a major boost for the Egyptian economy and will help to create a new hub for business and investment. It is also expected to attract tourists to the country and will help to create new job opportunities for the local population.