Apartment for Sale in Entrada - New Capital By Sorouh - Delivery Year 2022

Entrada New Capital is a new city being built in the desert of Egypt, just outside of Cairo. The project is being developed by the Entrada New Capital Company, a joint venture between Egypt’s Ministry of Housing and the Saudi-Egyptian Investment Company. The development is planned to span an area of over 20,000 acres and will include residential, commercial, and industrial facilities.

The project is expected to cost around $45 billion dollars and will be funded by a combination of private and public funds. It is expected to be completed by the year 2030, with the first phase of development beginning in 2022. The city will feature a mix of residential, commercial, and industrial zones, as well as green spaces, parks, and other recreational facilities.

The city is designed to accommodate up to one million inhabitants, with a focus on providing housing for middle-income families. The government has promised to provide affordable housing, as well as job opportunities in the city. The development will also feature a wide range of amenities, such as schools, hospitals, shopping malls, and other services.

The project is part of a larger effort to develop Egypt’s infrastructure and provide economic opportunities for its citizens. It is expected to create up to 1.5 million jobs in the construction and hospitality industries, as well as other sectors. The project is also intended to help reduce traffic congestion in Cairo and provide a more modern living environment for its citizens.

The project has already attracted the interest of many international investors, including companies from the United States, China, and the United Arab Emirates. It is expected to be a major boost to the Egyptian economy, and will help create a modern, vibrant city that will attract tourists and businesses from around the world.