Parklane New Capital Egypt is a new development in the heart of Egypt’s capital, Cairo. The project is a joint venture between Parklane Developments and the Egyptian government, and is located in the New Administrative Capital. It is a mixed-use development that includes residential, commercial and leisure facilities.

The project was launched in 2017, and construction began in 2018. It is a large-scale project that covers an area of over 7 million square meters. It is estimated to cost around $2.5 billion. The project is set to be completed by 2022.

The development will include a variety of residential units, ranging from studio apartments to luxury villas. It will also feature a number of commercial and leisure facilities, such as a shopping mall, entertainment complex, and a hotel. The project also includes a number of green spaces, including parks and gardens.

The project is designed to be a modern, vibrant city, and its aim is to provide a sustainable and healthy environment for those who live and work there. It is also designed to be a hub for business, tourism and culture.

The project is expected to create over 20,000 jobs, and to generate over $2 billion in revenue for the Egyptian economy. It is hoped that the project will attract foreign investment, and help to boost the economy of the region.

The Parklane New Capital Egypt project is an ambitious undertaking, and is set to make a major impact on the Egyptian economy. It is hoped that it will help to create a vibrant, modern city that will benefit both the local population and those who visit it.