Solano New Capital is a new city being developed in Egypt. It is located in the Cairo-Suez desert corridor, about 40 kilometers from the Cairo International Airport and 40 kilometers from the Suez Canal. The city is being developed by the Real Estate Development and Investment Company (REDIC) and is expected to be a major hub for business and residential development in Egypt.
Solano New Capital is being designed to be a smart city, with modern infrastructure and services, such as high-speed internet, efficient public transportation, and green spaces. It is expected to provide housing for up to 1.5 million people and will include a university, medical centers, and recreational facilities.
The project is part of the government’s plan to develop new cities in Egypt and to reduce overcrowding in Cairo and other major cities. It is expected to attract foreign investment and create employment opportunities for Egyptians.
The project is expected to be completed by 2022 and is estimated to cost around $45 billion. It is being funded by the Egyptian government, international investors, and private companies.
Solano New Capital is expected to become a major hub for business and residential development in Egypt, providing jobs and housing for millions of people. It is also expected to attract foreign investment and create economic growth in the region.