La Verde New Capital Egypt is a new development located in the outskirts of Cairo, Egypt. It is a mixed-use development that includes residential, commercial, and leisure areas. The project was initiated by the Egyptian government in 2015 and is expected to be completed by 2021.

La Verde New Capital Egypt is a major step in Egypt's economic development. It is intended to provide a modern and vibrant living environment for Egypt's citizens. The development is planned to include high-end residential areas, business parks, shopping malls, entertainment centers, and a variety of other amenities.

The project is expected to attract a large number of foreign investors and create thousands of jobs in the region. It is estimated that the project will generate around $5 billion in foreign direct investment. It is also expected to have a positive impact on the local economy, as it will create opportunities for small and medium-sized businesses.

In addition to the economic benefits, La Verde New Capital Egypt is also expected to improve the quality of life for residents. It will provide access to better healthcare, education, and other services. It will also help to reduce traffic congestion in the city.

The project is being funded by the Egyptian government, as well as private investors. It is expected to be completed by 2021 and will be an important milestone in Egypt's economic development.