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

Al Maqsad New Capital Egypt is a planned city currently under development in the desert region of Egypt, about 45 kilometers east of Cairo. The city is part of the larger New Administrative Capital project, which is intended to serve as a modern hub for business, culture, and government in Egypt.

The city is being developed by the New Urban Communities Authority (NUCA), a government agency responsible for developing and managing new cities in Egypt. The project is being funded through a combination of public and private investments, with the majority of the funds coming from the Egyptian government.

Al Maqsad is planned to be a modern and sustainable city, with a focus on green spaces and energy efficiency. The city is expected to have a population of up to 1.5 million people, and will include a variety of residential, commercial, and industrial areas. The city is also planned to have a number of cultural and recreational attractions, including parks, museums, and theaters.

The project is expected to be completed by 2022, with the first phase of construction already underway. Once completed, Al Maqsad is expected to be a major economic hub in Egypt, and an attractive destination for international businesses. The city is also expected to create thousands of new jobs, and help contribute to the country’s overall economic growth.