La Capitale New Capital Egypt is a proposed new capital city located in the Eastern Desert of Egypt. The city is being planned to be the administrative and business hub of the country and will be located in the area of Al-Alamein, approximately 45 kilometers east of Cairo. The project is being developed by New Urban Communities Authority (NUCA) and is expected to cost around $45 billion.

The project was first announced in March of 2015 by the Egyptian government in an effort to reduce the population and traffic in Cairo. It is believed that the city will provide a much needed economic boost to the country, as well as a modern, safe, and efficient city to live in. The city is expected to be completed by 2022, and will include residential and commercial areas, a financial district, and a technology park.

The city is being designed by the architectural firm Foster + Partners, and will include a mix of modern and traditional architecture. The city will also feature green spaces, parks, and a lake. The city is expected to be fully sustainable, and will use renewable energy sources such as solar and wind power.

The project is expected to create over one million jobs, and will provide housing for over five million people. It is expected to attract foreign investment, and will be a major hub for international businesses.

The city is expected to be a major tourist destination, with several attractions planned including a theme park, shopping malls, and a museum. It is also expected to be a major transportation hub, with a new airport, train station, and seaport.

The project is expected to have a positive effect on the environment, as it will be built on an area of desert land and will use renewable energy sources. It is also expected to reduce the amount of pollution from Cairo, as the new city will use more efficient transportation systems and energy sources.

The project is expected to be completed in 2022, and will be a major milestone in Egypt's development. It is expected to provide a much needed economic boost to the country, as well as a modern, safe, and efficient city to live in.