La Verde New Capital is a new city being built in Egypt, located in the Eastern Desert, about 45 kilometers (28 miles) east of Cairo. The project is being developed by the Egyptian government and is expected to become a major hub for business, tourism, and entertainment.
The project was first announced in 2019 and is expected to be completed by 2023. La Verde New Capital will feature a mix of residential, commercial, and recreational developments, including a financial district, a business park, and a shopping mall. The city will also feature a modern transportation system, including a metro line, and a new airport.
The city is being designed to be environmentally friendly and sustainable, with green spaces and energy-efficient buildings. It will also feature an advanced waste management system, a water-recycling system, and a smart grid.
The project is expected to create thousands of jobs and attract billions of dollars in investments. It is also expected to improve Egypt's economy by increasing exports and foreign investment.
La Verde New Capital is part of Egypt's larger plan to develop its infrastructure and create a competitive environment for business and investment. The city is expected to become a major hub for business, tourism, and entertainment, and is expected to have a significant impact on Egypt's economy.