Villa 4 Bedrooms for Sale in Al Maqsad - New Capital By City Edge Developments - Delivery Year 2020
Al Maqsad New Capital Egypt is a new city being built in the desert on the outskirts of Cairo, Egypt. The project is part of a larger plan to develop the area around the capital, which has seen a population boom in recent years.
The project is being led by the Egyptian government and is expected to cost around $45 billion. The project aims to create a new urban center that will provide employment, housing, and other services to the growing population. The city will be built on an area of 7,000 hectares and will include residential areas, business parks, industrial zones, and educational and recreational facilities.
The city will be divided into four main parts: the Central Business District, the Urban Core, the Suburban Area, and the Green Belt. The Central Business District will provide office space for businesses and government institutions, while the Urban Core will be the main residential area. The Suburban Area will provide housing for middle- and low-income families, while the Green Belt will be a green space for recreation.
The project is expected to be completed by 2028, and will create around 1.5 million jobs. It is hoped that Al Maqsad New Capital Egypt will become a major economic hub in the region, providing a boost to the local economy. The city will also be designed to be environmentally friendly, with green spaces and renewable energy sources.
The project is part of a larger plan to develop the region around Cairo, and is part of a larger effort to reduce overcrowding in the capital. The new city is expected to provide much-needed housing and employment opportunities to the growing population.