Location:
Anakaji - New Capital City
Finishing Status:
Semi Finished
View:
Landscape & Water Feature
Delivery Year:
Ready To Move
Anakaji New Capital Egypt is a new city being developed in the desert outside of Cairo, Egypt. The project, which is estimated to cost $45 billion, is being funded by the Egyptian government and a consortium of foreign investors, including the Abu Dhabi Investment Authority, China State Construction Engineering Corporation, and the Saudi Public Investment Fund.
The new city is being designed to be a model of modern urban planning and development, with an emphasis on sustainability and green living. Anakaji New Capital Egypt will be designed to be a “smart city”, with a high-tech infrastructure, advanced transportation systems, and energy efficient buildings. The city will also feature a wide array of amenities, including shopping malls, entertainment venues, and cultural attractions.
The project is expected to create over 1 million jobs and attract over 5 million people to the city by 2030. The city is also expected to be an important center for business and finance in the region, with a number of international companies already expressing interest in setting up offices in the new city.
The project is currently in the early stages of development, with the first phase expected to be completed by 2021. When completed, Anakaji New Capital Egypt will be one of the largest cities in the world and will serve as a major hub for commerce, innovation, and culture in the Middle East.