Al Maqsad New Capital Egypt is a new city being built in the desert east of Cairo, Egypt. The project is part of the Egyptian government’s plan to develop the country’s economy and create new job opportunities. The city is being built on a massive scale and is expected to be completed by 2022.
The project is estimated to cost $45 billion and will cover an area of 7,000 square kilometers. It will include a business district, residential areas, an international airport, a medical city, a technology park, and a number of other facilities. The city is being developed with the help of international investors and will be the first of its kind in the region.
The city is expected to create up to 1.5 million jobs and will be home to up to five million people. It is also expected to attract a large number of tourists, which will help boost the local economy.
The project is being developed with the goal of creating a modern, sustainable city that will become a hub for business, technology, and tourism. The city is also expected to be a model for other cities in the region, and the government hopes that it will become a symbol of Egypt’s progress and development.
The project has already attracted a lot of attention and investment, and it is expected to have a major impact on the region. It is an ambitious project that is sure to have a lasting impact on Egypt and the region.