La Verde New Capital is an ambitious new development project located in Cairo, Egypt. The project is being developed by the government of Egypt in partnership with the private sector to create a modern, sustainable city that will serve as the new administrative capital of the country.
The project is planned to be a major hub for business, finance, trade, and culture in the Middle East. The new capital is being designed as a smart city, with the latest technology and infrastructure. It will feature a central business district, residential areas, and government buildings. The city will also have green spaces, parks, and other public amenities.
The project is expected to cost around $45 billion and will be completed in 2027. It will be built on an area of over 700 square kilometers, making it the largest city in the Middle East. The city is expected to be home to over 6 million people, making it the second-largest city in Egypt.
The project is being developed with an eye towards sustainability and environmental protection. The city will feature renewable energy sources, green transportation, and water conservation. It is also planned to be a zero-waste city, with all waste being recycled or reused.
The project is expected to create thousands of jobs, both in construction and in the services sector. It is also expected to attract international investment and help boost the economy of the country.
The project is expected to be a major hub for business and investment in the region, and it is hoped that it will help Egypt become a leader in innovation and technology. The project is also expected to help improve the lives of the people of Egypt, by providing them with better education, healthcare, and other services.