Solano New Capital Egypt is a new city being developed in the eastern desert of Egypt. The project is being developed by the Egyptian government in partnership with the UAE-based Solano Group. The project is slated to become one of the most modern cities in Egypt, and will be the first of its kind in the region.

The project is expected to cost around $45 billion and will include a variety of residential, commercial, and industrial developments. The city will be built on an area of approximately 70 square kilometers and is expected to house up to 1.5 million people. The city will be designed to be a modern and sustainable metropolis, with a focus on green technology and renewable energy sources.

The city will feature a variety of amenities such as schools, hospitals, shopping malls, parks, and other public spaces. It will also have a state-of-the-art transport system, with high-speed rail links to Cairo and other major cities in Egypt.

The project is expected to create up to 500,000 jobs in the construction and services sectors, as well as in the tourism industry. It is also expected to have a positive impact on the economy of Egypt, with increased investment and foreign direct investment.

The project is expected to be completed by 2022 and is part of the Egyptian government's plan to create an economic hub in the eastern desert. The project is also expected to attract foreign investment from around the world, as well as from the UAE.

The project is expected to be a major milestone in the development of Egypt, and will provide a platform for the country to become a global leader in the development of sustainable cities.