Apartment 4 Bedrooms for Sale in Scenario - New Capital By Akam Developments - Delivery Year 2023

Scenario New Capital is one of the most ambitious and promising projects in Egypt. The new administrative capital is designed to be a smart, sustainable and modern city, serving as the country's political and economic hub. With a strategic location between Cairo and the Suez Canal, the new capital aims to ease the burden on the crowded and chaotic capital, improve the quality of life for Egyptians and attract foreign investments.

The idea of creating a new capital for Egypt is not new, but it was first seriously considered by President Abdel Fattah el-Sisi in 2015. The president announced the plan during the Economic Summit in Sharm el-Sheikh, stating that the new capital would be a "world-class city" that reflects Egypt's rich history and bright future. In March 2018, the government signed a contract worth $45 billion with a Chinese construction company to build the city.

Scenario New Capital is a massive project that spans over 700 square kilometers and is expected to be completed in phases over the next few decades. The city is designed to be home to around 6.5 million people and to provide employment opportunities for up to 1.5 million workers. The project is divided into six main sectors, including government and administrative buildings, residential areas, commercial and business districts, cultural and recreational facilities, education and healthcare centers, and a green river corridor.

One of the most striking features of the new capital is its modern and innovative design. The city's master plan is inspired by ancient Egyptian architecture, with a modern twist. The buildings are sleek and futuristic, with a focus on sustainability and energy efficiency. The city will be powered by renewable energy sources, including wind and solar power, and will have a state-of-the-art waste management system. The new capital will also be connected to Cairo and other parts of the country through a network of highways, railways, and a new airport, which is expected to become one of the largest in Africa.

However, the project has faced some challenges and criticism. One of the main concerns is the cost of building a new capital while Egypt is still struggling with poverty and unemployment. The project is also criticized for its lack of transparency and accountability, as well as the displacement of some communities and the destruction of agricultural land.

Despite these challenges, Scenario New Capital is expected to bring many benefits to Egypt and its people. The new capital is expected to boost the country's economy by attracting foreign investments, creating jobs and stimulating growth. It will also help to relieve the congestion and pollution in Cairo, improve the living standards of Egyptians and enhance the country's image on the international stage.

In conclusion, Scenario New Capital is a bold and impressive project that aims to transform Egypt's future. While the project has its challenges and drawbacks, it represents a significant step forward for Egypt's development and a new chapter in its history. The success of the new capital will depend on careful planning, sustainable practices, and cooperation between the government, private sector, and the people of Egypt.