Parklane New Capital is a large-scale, mixed-use development in Cairo, Egypt. Located in the East Cairo area, it is the largest project of its kind in the country. The project covers an area of over 1.5 million square meters and includes a variety of residential, commercial, and retail components.

The project is being developed by Parklane New Capital, a joint venture between the Egyptian government and private investors. The development is part of the government’s larger plan to create a new administrative capital for the country. The project is expected to create over 50,000 jobs and generate new economic activity in the area.

The residential component of Parklane New Capital includes luxury apartments, villas, and townhouses. The residential units range in size from studio apartments to four-bedroom homes. The development also includes a variety of amenities, such as a shopping mall, a golf course, and a sports complex.

The commercial component of the project includes office buildings, a business park, and a convention center. The business park is designed to attract foreign investment and will feature a variety of services and amenities. The convention center will host conferences, exhibitions, and other events.

The retail component of the project includes a variety of stores and restaurants. The stores will offer a wide range of products, from fashion and home goods to electronics and books. The restaurants will feature a variety of cuisines, including local Egyptian fare as well as international favorites.

Parklane New Capital is expected to be completed by 2021. The development is expected to provide a major boost to the local economy and create thousands of new jobs. It is a major step forward in the government’s efforts to create a new administrative capital for the country.