Egypt’s future is set to become brighter with the construction of its New Capital east of Cairo. This $45 billion project is ambitious and will reshape the country’s economic landscape, providing new opportunities for many citizens. The New Administrative Capital will contain over 250,000 homes, in addition to many business, commercial, and educational districts creating jobs and attracting professionals worldwide. Furthermore, world-class amenities and services such as smart city infrastructure, an international airport, and green spaces will be provided.
The New Capital City is a major driver of economic growth, generating huge annual revenue, and will be home to more than 5 million people. The city contains many vital venues such as the New Egyptian Presidential Palace and The Egyptian Parliament in addition to, Al Masa Hotel and El Fattah El Azem Mosque.
The New Administrative Capital has a prime location as it is close to Badr City, Future City, and Madinaty. You can reach the New Capital using main roads such as Suez Road and Mohamed Bin Zayed Axis. Also, the Middle Ring Road, Regional Road, Suez Road, and Ain Sokhna Road. The New Capital location is 45 km from Downtown Cairo, 80 km from Suez, and 55 km from the Gulf of Suez.
The New Administrative Capital in Egypt is a hub for real estate investment, with a wide range of compounds popping up to offer modern living spaces. Among the top 20 compounds in the area, Il Bosco by Misr Italia Properties stands out as a particularly luxurious option. Other notable developments include Castle Landmark by Cred Developments, Sueno by SAK Development, and De Joya by Taj Misr Developments.
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