ICity is a new project in Egypt that is creating a new city from the ground up. The project is located on an area of 2,000 acres in the 6th of October City, just outside of Cairo. The project is a joint venture between the Egyptian government and the private sector, and is expected to cost around $20 billion.

The goal of the project is to create a modern city that will serve as a hub for technology, innovation, and entrepreneurship. The city will be built on the principles of sustainability, and will include green spaces, energy efficiency, and renewable energy sources. It will also feature a number of high-tech amenities, such as an international airport, a medical city, a technology park, and a business district.

The project is expected to create around 200,000 jobs, and will bring in an estimated $4 billion in foreign investment. The city will also be home to a number of international companies, and will be a major hub for the digital economy.

The project is expected to be completed by 2023, and will be a major boost to the Egyptian economy. It will also help to diversify the country’s economy, and help to reduce poverty and unemployment.