Venia New Capital is a new city located in the desert east of Cairo, Egypt. The city is part of the New Administrative Capital, which is a new city being built by the Egyptian government to help alleviate overcrowding in Cairo. The city is planned to be a commercial, cultural, and residential hub, and is expected to be completed by 2022.
The city is being constructed by the China State Construction Engineering Corporation (CSCEC) and is part of a larger project that includes a new airport, roads, and other infrastructure. The project is estimated to cost around $45 billion, and is being funded by the Egyptian government and foreign investors.
The city is planned to include a university, a medical complex, a technology park, and a financial district. It will also feature a large green space, with parks, gardens, and lakes. The city is expected to be home to around one million people, and will provide jobs for many Egyptians.
Venia New Capital is part of a larger project that is expected to transform the region. The new city is expected to help create jobs and attract foreign investment, while also providing a better quality of life for its residents. It is an ambitious project that is sure to have a lasting impact on the region.