Entrada New Capital is a new residential and commercial development located in the outskirts of Cairo, Egypt. The project is being developed by the United Arab Emirates-based real estate development firm, Emaar Properties. The development is set to become the largest real estate development in the Middle East, with an area of over 20 million square meters.

Entrada New Capital is located in the eastern part of Cairo and is approximately 30 kilometers away from the city center. The development is expected to house over 350,000 people and will include residential, commercial, and recreational facilities. It will feature a variety of residential options including villas, townhouses, and apartments. The development will also include a shopping mall, a business park, a golf course, and a theme park.

The project is part of Egypt’s plan to attract foreign investment and to create new jobs. It is expected to create over 20,000 jobs in the construction and related industries, and will provide a boost to the local economy. The project is also expected to attract tourists from around the world, which will help to stimulate the local economy.

Entrada New Capital is expected to be completed by 2022. It is estimated that the development will cost around $4 billion to construct. The project is being funded by a combination of private investors, government grants, and debt financing. The development is expected to have a positive impact on the local economy and will help to create a vibrant and attractive city.