Office space 55m for sale in Solas New Capital

Solas New Capital Egypt is a new city development located in the Eastern Desert, approximately 40km from Cairo, Egypt. The development, which is being built by the United Arab Emirates-based developer Solas, will be the largest city in the Middle East and North Africa region.

The project is estimated to cost around $45 billion, making it the most expensive real estate development in the region. The project will cover an area of around 70 million square meters, making it larger than the entire island of Manhattan. The development is designed to be a hub for international business, finance, and technology, and will include residential, commercial, and leisure facilities.

The city will be powered by renewable energy sources, such as solar and wind, and will feature a zero-waste policy. The city will also have a wide range of green spaces, including parks, gardens, and trails.

Solas New Capital Egypt is expected to be completed in 2025, with the first phase of the project expected to be completed by 2022. The development is expected to create around 250,000 jobs and will be home to around 1 million people.

The project has been met with some criticism, with some claiming that the development will lead to the displacement of local communities and the destruction of the environment. However, the developers have stated that they are committed to working with local communities and to protecting the environment.