Egypt's new Administrative Capital is a major business park project that will transform the country's economy and create a new hub for business and investment. The project is being developed by the New Urban Communities Authority (NUCA) and is expected to be completed in 2021.
The project is part of a larger plan to modernize and diversify the country's economy, and is expected to create up to 1.5 million jobs. The New Capital will be home to a variety of businesses, including offices, commercial buildings, industrial parks, and residential complexes. It will also be a hub for tourism, with a number of entertainment and cultural attractions.
The park will be built on 500 square kilometers of land, and will include a variety of amenities, such as shopping malls, hotels, universities, hospitals, and a financial district. The park will also feature a state-of-the-art transportation system, including a high-speed railway, metro lines, and a network of roads and highways.
The project is expected to attract billions of dollars in foreign investment, and will help to create a modern and competitive economy. It will also help to reduce poverty and unemployment in the country, as well as improve the quality of life for its citizens.
The project is part of a larger plan to create a sustainable and prosperous future for Egypt, and is expected to have a positive impact on the economy, society, and environment. It is expected to create a vibrant and diverse economy, and will help to boost the country's competitiveness in the global market.