3 Bedrooms Apartment for Sale in Scenario New Capital By Akam Developments - Delivery Year 2023

Scenario New Capital Egypt is an ambitious new urban development project in the outskirts of Cairo, Egypt. The project is being developed by the New Urban Communities Authority (NUCA) and aims to create a modern city with a population of 5 million people by 2027.

The project is part of a larger plan to develop new cities around Cairo, in order to reduce the population density of the capital city. The new capital city will include a variety of residential, commercial and industrial areas, as well as educational, medical and recreational facilities. It will also feature a central business district, an international airport, a financial center, and a technology park.

The project is expected to cost around $45 billion, with the majority of the funding coming from the Egyptian government and international investors. Construction is expected to begin in 2020 and take up to 10 years to complete.

Scenario New Capital Egypt is expected to create around 2.5 million jobs, making it one of the largest job creation initiatives in the country. It is also expected to generate around $30 billion in GDP annually.

The project is seen as a major step forward for the Egyptian economy, as it is expected to attract foreign investment and increase economic growth. It is also expected to have a positive impact on the environment, with green spaces and energy-efficient buildings being incorporated into the design.

Overall, Scenario New Capital Egypt is a major undertaking that is expected to have a significant impact on the Egyptian economy and the lives of its citizens.