Obsidier Tower New Capital Egypt is an ambitious project to build a new capital city in the desert near Cairo, Egypt. The project aims to create a new city that will be a hub of economic, cultural, and social activity. The development is being funded by the government of Egypt and is expected to cost around $45 billion.
The project is being spearheaded by the New Urban Communities Authority (NUCA) and is expected to be completed by 2022. The new city will be built on a total area of 700 square kilometers, making it one of the largest cities in the world. It is estimated that the city will be able to accommodate up to 5 million people.
The city will feature a variety of modern infrastructure, such as high-speed rail links, an international airport, and a seaport. It will also feature a variety of modern amenities, such as shopping malls, hotels, and entertainment venues. The city will also be home to a number of international organizations, such as the United Nations, the African Union, and the Arab League.
The project is expected to create over a million jobs, and it is hoped that it will help to boost the economy of Egypt. It is also hoped that the city will become a major hub for international business, as well as a hub for tourism. The project is expected to have a positive impact on the environment, as it will be built using green technology and will feature a variety of green spaces.
The project is expected to be a major boost for the economy of Egypt, as well as creating a number of jobs and providing an attractive destination for tourists. It is hoped that the city will become a major hub for international business and will help to promote economic development in the region.