Rivan New Capital is a new city being developed in Egypt, located 45 km east of Cairo. It is being built as part of the Egyptian government’s plan to expand urban development in the country.
The project is being developed by the Egyptian government in partnership with the China Fortune Land Development Company (CFLD). The project is estimated to cost $45 billion and will cover an area of 74,000 acres.
Rivan New Capital will be a modern city with all the amenities of a developed city. It will feature a business district, residential areas, shopping malls, educational institutions, health care facilities, and more. The city will also have a number of green spaces and parks, as well as a large artificial lake.
The project is expected to create over 1.5 million jobs and attract over 5 million visitors annually. It is also expected to contribute significantly to the economy of Egypt.
The project is expected to be completed by 2025. Once completed, it will be the largest city in Egypt and the Middle East. It is expected to become a major hub for business and tourism in the region.