Office for Sale in Al Maqsad - New Capital By City Edge Developments - Delivery Year 2023

Al Maqsad New Capital Egypt is a new city being built in Egypt, just east of Cairo. The city is being developed by the Egyptian government as a part of a larger plan to create a new capital city for the country. The project is expected to cost around $45 billion, and it is estimated that the city will be completed by 2022.

The new city will include a business district, residential areas, and a range of other facilities including a university, a hospital, and a technology park. It is also planned to have an international airport and a railway station. The city is being built on land that was previously desert, and it is expected to have a population of around 7 million people.

The project is being funded by a number of sources, including the Egyptian government, private investors, and international organizations. The government has also announced plans to invest in infrastructure in the city, such as roads, water, and electricity.

The project has been met with some criticism, with some arguing that the money could be better spent elsewhere. However, the Egyptian government has argued that the city is necessary to help the country’s economy grow and attract foreign investment.

Al Maqsad New Capital Egypt is an ambitious project, and it will be interesting to see how it develops over the coming years. It could be a major boost for the Egyptian economy, and it could help to improve the lives of millions of people in the region.

https://www.capitalcityegypt.com/NS52718

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