Rivan New Capital is a planned city in Egypt that is being developed by the Egyptian government and private sector partners. Located in the desert near Cairo, the city is intended to be a modern, sustainable metropolis that will provide a high quality of life for its residents. The project is expected to cost around $45 billion and will cover an area of 70,000 acres.

The city is designed to be a hub for business, technology, and culture, with a focus on green living. It will include high-tech infrastructure, such as 5G networks, smart city technology, and renewable energy sources. It will also feature a variety of residential, commercial, and leisure spaces, as well as educational and healthcare facilities.

The project is part of the Egyptian government’s plan to boost the economy and create jobs. It is expected to create up to 1 million jobs and attract up to 5 million people over the next decade. The city is also intended to serve as a gateway to the African continent, providing a platform for international investment and trade.

The project is being funded by the government, private sector partners, and international lenders. Construction is expected to begin in 2021, with the first phase of the project expected to be completed by 2025. The project is expected to be fully operational by 2035.

Rivan New Capital is an ambitious project that could have a significant impact on Egypt’s economy and its people. It is an example of the country’s commitment to modernizing its infrastructure and creating a better quality of life for its citizens.