Stau New Capital is a planned city in Egypt located east of Cairo. The project is part of the Egyptian government’s plan to develop a new administrative capital for the country. The project is expected to cost $45 billion and will cover an area of around 700 square kilometers.

The city will be built on a new axis, located between the Suez Canal and the Red Sea. The city will include a new international airport, government offices, residential buildings, commercial centers, and entertainment and recreational facilities.

The project is expected to create over 1.5 million jobs and will be home to 6.5 million people. It is estimated that the city will be completed by 2022.

The project is being funded by the Egyptian government and a number of investors, including Saudi Arabia and the United Arab Emirates. The city will be designed by the French firm, Egis, and the project is being managed by the New Urban Communities Authority (NUCA).

The project is part of the Egyptian government’s plan to reduce overcrowding in Cairo and to create a modern city with better infrastructure. The new capital is expected to attract foreign investment and create economic growth in the region.

The project has been met with some criticism, including concerns over the environmental impact of the project and the displacement of people who live in the area. The government has said that the project will be designed with environmental protection in mind and that the affected people will be compensated.