Vinci New Capital Egypt is a multi-billion dollar real estate development project located in the New Administrative Capital of Egypt. The project is a joint venture between the Egyptian government and Vinci, a French construction and engineering company. The project is set to become one of the largest developments in the Middle East, with a total area of over 3,000 hectares.
Vinci New Capital Egypt is an integrated city that will provide a range of services and amenities to its residents. The project will include residential, commercial, and industrial areas, as well as medical, educational, and recreational facilities. It will also include a business district, a financial district, and a technology park. The development will be powered by renewable energy sources and will feature smart technology, such as automated waste collection and traffic management systems.
The project is expected to create over 250,000 jobs, and will be a major boost to the Egyptian economy. It is estimated that the project will attract over $20 billion in investment, and will contribute around $4.5 billion to Egypt’s GDP. The development is expected to be completed by 2025.
Vinci New Capital Egypt is a key part of Egypt’s efforts to modernize its infrastructure and create a business-friendly environment. The project is expected to attract foreign investors, and will be a major boost to the country’s tourism industry. It is hoped that the project will help to create a modern, vibrant economy in Egypt.