Rivan New Capital is a planned city located in the Rivan region of Egypt. It is the first new capital of Egypt, and is being built to replace Cairo as the country's administrative and economic center. The project is being developed by the Egyptian government in partnership with the China State Construction Engineering Corporation (CSCEC).
The project is expected to cost $45 billion and will cover an area of 700 square kilometers. It will include a new airport, a new financial district, a new industrial zone, a new residential area, and a new administrative center. The city will also feature a number of parks, green spaces, and cultural and entertainment facilities.
The project is expected to create up to 1.5 million jobs and attract up to 5 million people. It is also expected to reduce traffic congestion in Cairo and improve air quality.
The project is part of the Egyptian government's plan to diversify the country's economy and reduce its dependence on oil and gas. It is also part of the government's plan to develop the country's infrastructure and create new economic opportunities.