Il Mondo New Capital Egypt is a real estate development located in the New Administrative Capital of Egypt. The project is a joint venture between the Egyptian government and the Italian real estate developer Il Mondo. The project covers an area of approximately 1.2 million square meters, making it one of the largest real estate developments in Egypt.

The project is located in the heart of the New Administrative Capital, which is an area that is being developed by the Egyptian government to become a hub for business and residential activity. The project is intended to provide a mix of residential, commercial, and recreational spaces for the people of Egypt. The development includes a variety of apartments, villas, and townhouses, as well as a shopping center, a sports complex, and a medical center.

The project is designed to provide a modern living environment for the people of Egypt. It is designed to be a sustainable development that will promote economic growth and provide jobs for the local population. The project is also designed to be an environmentally friendly development, with green spaces and energy-efficient buildings.

The project is expected to be completed by 2022, and is estimated to cost around $2.5 billion. The project is expected to create thousands of jobs for the local population, and to provide an economic boost to the region. The project is also expected to attract foreign investment and to help spur economic growth in the region.