OIA New Capital Egypt is a planned city located in the desert of Egypt, near the capital Cairo. It is being developed as part of a project to create a new administrative capital for Egypt. The project was announced in March 2015 by Egyptian President Abdel Fattah el-Sisi and is expected to cost $45 billion.

The new city is planned to be a modern metropolis with a population of five million people. It will include a business district, a financial district, and a government district. It is expected to be a hub for technology, finance, and industry, as well as a center for culture, education, and entertainment.

The city will be built on an area of 70,000 acres, and will be divided into 19 residential districts, each with its own distinct character. The city will also feature a number of parks and green spaces, as well as a network of roads and bridges.

The project is being funded by the Egyptian government, as well as a number of international investors. It is expected to be completed by 2022.

The project has been met with both praise and criticism. Supporters point to the potential economic benefits of the project, as well as its potential to create jobs and reduce urban overcrowding in Cairo. Critics, however, are concerned about the cost of the project, as well as its potential environmental impact.

OIA New Capital Egypt is an ambitious project that has the potential to transform the Egyptian economy and create a world-class city in the desert. It remains to be seen whether the project will be successful, but it is certainly an exciting development in the country's history.