Scenario New Capital Egypt is a massive project that is set to transform the landscape of Egypt’s capital city. The project is a joint venture between the Egyptian government, the United Arab Emirates, and the Saudi Arabian government. It is estimated that the project will cost around $45 billion and will cover an area of over 700 square kilometers.
The project will include a new administrative capital, a new financial district, a new industrial zone, and an international airport. The project is expected to house over 6.5 million people and create more than 1.5 million jobs. The new capital is expected to be a world-class destination, with modern infrastructure and amenities.
The project is being funded by the Egyptian government, the UAE, and Saudi Arabia. The UAE has pledged $20 billion and Saudi Arabia has pledged $15 billion, while the Egyptian government is providing the remaining $10 billion.
The project is expected to be completed by 2022 and will be the largest construction project in the world. It is expected to have a major impact on Egypt’s economy, providing a significant boost to the country’s GDP. The project is also expected to attract foreign investment and create new opportunities for businesses.
The project is being overseen by the Egyptian government, which has set up a special authority to manage the project. The authority is responsible for overseeing the construction process and ensuring that all the necessary regulations are followed.
The project is expected to have a major impact on Egypt’s infrastructure, creating new roads, bridges, and other infrastructure projects. This will help to improve transportation in the country, making it easier for people to travel around the country.
The project is also expected to have a positive environmental impact, with the construction of green spaces and parks. This will help to reduce air pollution in the city and create a healthier environment for its citizens.
Overall, Scenario New Capital Egypt is a massive project that is expected to have a huge impact on Egypt’s economy and infrastructure. It is expected to create new jobs, attract foreign investment, and create a healthier environment for its citizens. It is a project that is sure to have a lasting impact on the country for years to come.