THE NEW CAPITAL OF EGYPT

28. Dec 2021

The Egyptian government began relocating to a new administrative capital 60 kilometers east of Cairo in December, six years after the project began. The new capital is being designed as a smart high-tech city with a population of 6.5 million people that would feature administrative, business, and diplomatic districts as well as large parks. The new city, which would span about 69,000 hectares, will cost $60 billion to build and is anticipated to be completed in 2030. The city's skyline would be dominated by skyscrapers, the largest of which, called Oblisco Capitale, will be 1,000 meters tall and inspired by the pharaoh's obelisks. Around 2,000 educational institutions, a technology park, 663 hospitals and clinics, 1,250 mosques and churches, a stadium with 90,000 seats, 40,000 hotel rooms, an entertainment park four times the size of Disneyland, and a 90-square-kilometer solar farm will be situated in the city.

2024. © All rights reserved. RealEstate-Magazine.rs. Developed by Creative Web
We are using cookies to give you the best experience on our site. If you want to block cookies, please set your browser.