Location:
La Capitale - New Capital City
Finishing Status:
Super Lux
Delivery Year:
Ready To Move
La Capitale New Capital Egypt is a new city located in the desert, about 45 kilometers east of Cairo, in the Eastern Desert of Egypt. It is being developed by the Egyptian government as a new administrative and financial center, with the aim of becoming a modern metropolis. The project, which was announced in 2017, is expected to be completed by 2022.
The city is being built on an area of about 45 square kilometers, and is expected to house up to 5 million people. It is being designed as a modern, green city, with a focus on sustainability and environmental protection. The city will include a range of residential, commercial, and industrial areas, as well as a business district, an international airport, and a range of recreational and cultural facilities.
The project is being funded by the Egyptian government, as well as by private investors. The government has also signed agreements with a range of international companies to help develop the city. These include Siemens, Microsoft, and Huawei, who are providing technology and infrastructure solutions.
The city is being designed to be a model of sustainability, with a focus on renewable energy sources and green building technologies. It is also expected to be a hub for technology and innovation, with a focus on developing new technologies and services.
The city is also expected to be a major center for tourism, with a range of attractions and activities. It is expected to be a special economic zone, with tax incentives for businesses and investors.
The project is expected to create up to 1.5 million jobs, and to contribute significantly to the Egyptian economy. It is also expected to attract foreign investment and to help the country become a hub for technology and innovation.