Stau New Capital Egypt is a massive new development project located in the desert just outside of Cairo, Egypt. The project, which is estimated to cost around $45 billion, is being developed by the Egyptian government and a consortium of international investors. The project will span an area of 70,000 acres, making it one of the largest urban developments in the world.
The project is divided into six major components: a new administrative capital, a financial and business district, a technology park, a residential area, a medical city, and a green area with parks and gardens. The new administrative capital will include government offices, embassies, and other government institutions. The financial and business district will include a number of international banks and financial institutions, as well as a variety of retail, entertainment, and leisure options. The technology park will feature a number of research and development centers and incubators for technology startups. The residential area will include a variety of housing options, from luxury apartments to affordable housing. The medical city will include a number of hospitals and medical facilities. The green area will include parks, gardens, and other recreational areas.
The project is expected to create over one million jobs, as well as attract businesses and investment from around the world. It is also expected to help reduce congestion in Cairo, as well as provide a modern infrastructure for the city. The project is scheduled to be completed in 2025.