La Verde New Capital is a new city located in the eastern desert of Egypt. The city is part of the New Administrative Capital, a megaproject announced by the Egyptian government in 2015. La Verde is a residential area that is planned to be a green oasis in the desert.

The city is being developed by the government-owned New Urban Communities Authority (NUCA). The project is expected to be completed in 2022 and will include luxurious residential compounds, shopping malls, schools, hospitals, and other services.

The city is being designed to be a sustainable and smart city. It will feature a wide range of green initiatives, such as solar energy, green buildings, and efficient water management systems. La Verde will also have a comprehensive public transportation system, which will include light rail, buses, and taxis.

The city will be a hub for business and technology, with a focus on the creative industries. It will also have a variety of cultural and leisure activities, such as museums, art galleries, and parks.

La Verde will be a major hub for tourism, with its proximity to the Red Sea and the Pyramids of Giza. It is expected to attract tourists from around the world.

The city will be a major employer, with over 500,000 jobs expected to be created in the coming years. It is also expected to attract foreign investment and to become a major economic hub in the region.

La Verde is an ambitious project that is expected to have a major impact on the Egyptian economy. It is a project that is sure to be watched closely in the coming years.