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Egypt Builds a New Capital City: An Ambitious Project for Modernization and Growth

Egypt Builds a New Capital City: An Ambitious Project for Modernization and Growth

Egypt is a nation well known for its ancient wonders, picturesque beaches, and iconic pyramids. But now, the country is embarking on a new chapter in its history with the development of its brand new capital city.

The ambitious project was first announced in 2015 by the then-Egyptian President Abdel Fattah el-Sisi. The idea was to create a purpose-built city that would relieve some of the crowding and traffic in the capital Cairo, while also providing a modern urban centre with the latest amenities for citizens.

The new capital city is being built east of Cairo, in an area that was largely undeveloped until recently. It is expected to cover an area of 170,000 acres, which is roughly the size of Singapore. The new city is located close to the Suez Canal, making it an attractive destination for businesses that require easy access to ports.

One of the most striking aspects of the new capital city is its innovative design. The city is being built around a central park that is larger than New York’s Central Park, which is intended to be the heart of the city. The park will feature a variety of amenities, including sports facilities, a golf course, and a theme park. The city will also be highly sustainable, with solar-powered streetlights and a water treatment plant that will recycle wastewater.

The new capital city will house government buildings, entertainment centres, shopping malls, and residential areas. It is expected to accommodate up to 6.5 million people and provide job opportunities for thousands of citizens.

The construction of the new capital city is being carried out in phases, with the first phase expected to be completed by 2023. The government has partnered with international companies to provide financing for the project, and many foreign investors have shown interest in the new city.

The development of the new capital city is a bold move by the Egyptian government, one that will usher in a new era of modernisation and growth for the country. It is seen as a significant step towards positioning Egypt as a major business hub in the region, and a top destination for tourists from all around the world.