EGP 5,600,000
Duplexes for Sale in Al Maqsad - New Capital By City Edge Developments
Al Maqsad New Capital is a new planned city located in the desert of Egypt. It is the first smart city of its kind in the country, and is being built by the government of Egypt in an effort to create a modern and sustainable urban center.
The project was announced in 2018 and is expected to be completed by 2027. The new city is located just 45 kilometers east of Cairo and will cover a total area of 48,000 acres. It will be divided into four main districts: a business district, a residential district, a leisure district and a cultural district.
The city will be home to 1.1 million people and will feature a wide range of amenities, including schools, hospitals, universities, shopping centers, hotels and entertainment venues. It will also have a light rail system, a metro system and a high-speed rail line connecting it to Cairo and other cities in Egypt.
The city is expected to create up to 2 million jobs in the construction, tourism and finance sectors. It will also be a hub for technology and innovation, with plans for an international financial center, an international medical center and an international conference center.
The project is part of the government’s plan to reduce overcrowding in Cairo and create a modern and sustainable urban center. It is hoped that the new city will attract businesses and investors from around the world and help to boost the economy of Egypt.