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

Al Maqsad New Capital Egypt is a new city being built in Egypt, located on the outskirts of Cairo. The city is being developed by China State Construction Engineering Corporation (CSCEC) and is expected to be completed in 2021. The city is designed to be a modern, self-sustaining urban hub with a population of 5 million people.

The city is being built on a 1,000-acre site and will include a range of residential, commercial, and industrial zones. It will feature a variety of public spaces, including parks, sports facilities, and cultural venues. There will also be a range of public transportation options, including a metro system, buses, and taxis.

The city will be powered by renewable energy sources and will have an advanced waste management system. It is also set to be a hub for technology and innovation, with incubators and research centers.

The project is part of Egypt's Vision 2030 plan, which is aimed at increasing the country's economic competitiveness and creating jobs. The city is expected to create over 700,000 jobs, and will be a major boost to the local economy.

The project has been met with some criticism, as some are concerned about the environmental impact of the city, as well as the displacement of local residents. However, the government has promised to ensure that the project is sustainable and that the rights of local communities are respected.