La Vista City is a New Capital city in Egypt, located on the Mediterranean Sea coast, approximately 40 kilometers north of Cairo. The city is set to become the new administrative and economic center of the country, replacing Cairo as the nation’s capital.
The project was first announced in 2016, with the aim of creating a modern, sustainable city with a population of 6.5 million people. The total cost of the project is estimated to be around $45 billion.
The city is being designed as a smart city, and will feature a modern transportation system, green spaces, and high-tech infrastructure. It will be home to the new administrative, economic, and financial centers of Egypt, as well as a variety of cultural and educational institutions.
The city is expected to be completed by 2022, and is being developed by the Egyptian government in partnership with private investors. The project is being funded by the Egyptian government, as well as international investors, including the World Bank and the European Investment Bank.
The project has been met with some criticism due to its high cost and the displacement of residents in the area. However, the project is seen as an important step towards modernizing the country and creating a more sustainable future for Egypt.