Egypt's new administrative capital, the Capital Business Park, is a major development project that is currently being undertaken in the country. The project is set to provide a modern and efficient business environment for both local and international businesses. It is expected to be completed by 2022 and will be located in the area of New Cairo, which is located in the eastern part of the country.
The Capital Business Park will offer a wide range of services and facilities to businesses, including office spaces, retail outlets, hotels, and other amenities. It will also feature a high-speed railway system, which will connect the park to Cairo International Airport and other major cities in Egypt. The park will also be home to a number of international companies, with the aim of creating a hub for international business and investment.
The Capital Business Park will be a major boost to the economy of Egypt, as it will provide jobs, investment, and economic growth. It is expected to attract a large number of international businesses, which will in turn create more jobs and stimulate the local economy. In addition, the park will also provide a platform for foreign investments, which will help to further develop the economy of Egypt.
The project is being funded by a number of investors, including the Egyptian government, private investors, and the African Development Bank. The project is expected to cost around $45 billion, which is a significant amount of money for a country like Egypt. The project is expected to be completed in 2022, and it is hoped that it will bring economic prosperity to the country.