Solas New Capital is a new city located in the East Cairo area of Egypt. The city is a major development project, with a total area of over 7,000 acres. It is the largest real estate development project in Egypt, and is expected to be a major economic driver for the country.
The city is being developed by a joint venture between the Egyptian government and the UAE-based real estate developer, Solas. The project is estimated to cost around $45 billion, and is expected to be completed by 2026.
The city will include a variety of residential, commercial, and industrial components. It will feature a number of high-rises, office buildings, and shopping malls. It will also include a university campus, a hospital, a theme park, and a large number of green spaces.
The city is designed to be self-sustaining, with its own power and water sources. It will also feature an advanced transportation system, with a high-speed rail line connecting the city to Cairo.
The city is expected to create over 500,000 jobs, and will provide housing for over 1 million people. It is expected to be a major hub for business, finance, and technology.
The project is a major part of the Egyptian government's plan to diversify the economy and create jobs. It is expected to be a major driver of economic growth in the country, and will help to reduce poverty and inequality.