Noor New Capital is a major new urban development project in Egypt. The project is being built on a plot of land located approximately 40 km east of Cairo. It is part of the larger New Administrative Capital project, which is a major initiative by the Egyptian government to create a new capital city for the country.
Noor New Capital is being developed by the Housing Ministry of Egypt in partnership with the private sector. It is planned to be a modern city that will offer a mix of residential, commercial, and entertainment options. It will also feature a variety of green spaces and other amenities designed to make it a desirable place to live and work.
The project is being built on a plot of land that is approximately 20 square kilometers in size. The development is expected to cost around $45 billion and will be funded by the government, private investors, and international lenders. The project is expected to be completed in 2025 and will accommodate up to five million people.
Noor New Capital is expected to become a major economic hub for Egypt. It will be home to a variety of businesses, including tech companies, financial services firms, and other businesses. It will also be home to a variety of cultural and entertainment venues.
The project is expected to have a major impact on the economy of Egypt. It will create jobs and spur economic growth. It will also help to attract foreign investment and boost the country’s image as a modern, forward-looking nation.