OIA New Capital Egypt is a new megaproject in Cairo, Egypt. It is being developed by the Egyptian Government in partnership with the private sector. The project is expected to become the largest urban development project in the Middle East and North Africa region.
The project will be built on a total area of 7,000 acres and is estimated to cost around US$45 billion. It will include a new airport, a business district, residential areas, hotels, shopping malls, and many other facilities. The project is expected to create 500,000 jobs and attract around 30 million visitors annually.
The project aims to help Egypt become a leading destination for business, leisure, and tourism. It is expected to become the business hub of the Middle East and North Africa region. The project also aims to improve the quality of life for the citizens of Cairo.
The project is expected to be completed by 2028. It is expected to have a significant impact on the economy of Egypt and the region. It is expected to create a large number of jobs and attract a large number of tourists.
OIA New Capital Egypt is a major step towards modernizing Cairo and making it a world-class city. It is expected to bring in a new era of development and prosperity for Egypt.