Solas New Capital Egypt is a multi-billion dollar planned city located in the desert east of Cairo. The project is a joint venture between the Egyptian government, the United Arab Emirates, and the private sector. The project is expected to be completed in 2022.
Solas New Capital Egypt is planned to become a hub for business, finance, and culture. It will feature a business district, residential areas, and a variety of leisure and entertainment facilities. The city will be built on an area of 70,000 acres and is expected to house up to 6.5 million people.
The project is part of the Egyptian government’s plan to reduce the population density in Cairo. It is also intended to create new job opportunities and attract foreign investment.
The city will feature a variety of modern amenities, such as a modern airport, a metro system, a high-speed railway, and a network of smart roads. The city will also have a green belt of parks, lakes, and gardens.
The project has attracted a lot of attention from international investors, who see it as a major opportunity for economic growth. The government has already secured $45 billion in investments for the project.
Solas New Capital Egypt is expected to be a model for sustainable urban development. It will be powered by renewable energy sources, such as solar and wind, and will feature a variety of green technologies.
The project is also expected to create a positive impact on the environment. It will reduce air pollution and reduce water consumption. It will also create new job opportunities and bring new economic opportunities to the region.