3 Bedrooms Apartment for Sale in Scenario New Capital By Akam Developments - Delivery Year 2024

New Capital Egypt is a planned city that is currently being constructed in the desert east of Cairo, Egypt. The project was announced by the Egyptian government in 2015 as a solution to the congestion and overpopulation in Cairo, which is one of the largest cities in Africa and the Middle East. The city is expected to be completed by 2050, and it is estimated that it will eventually be home to 6.5 million people.

The New Capital is being built on a plot of land that is about the same size as Singapore. The government has invested heavily in the project, and it has attracted international attention due to its scale and ambition. The city is being designed to be a smart city, with advanced infrastructure and technology. It will be powered by renewable energy, and it will have a highly efficient transportation system that will include an extensive network of roads, railways, and public transportation.

The New Capital is also being designed to be a sustainable city. It will have green spaces, parks, and gardens throughout the city. The government has also planned to build a series of lakes and canals to provide the city with a reliable source of water. The New Capital will also be home to several cultural and recreational facilities, including museums, theaters, and sports venues.

One of the most significant features of the New Capital is the planned administrative district, which will be the new headquarters for the Egyptian government. The district will be home to several government buildings, including the Presidential Palace, the Parliament, and several ministries. The district will also have residential areas, hotels, and commercial buildings, making it a hub for business and political activity.

The New Capital is expected to create thousands of jobs, both during the construction phase and after completion. The government has stated that it hopes the project will help to revitalize the Egyptian economy, which has struggled in recent years.

However, the project has also faced criticism from some quarters. Critics have argued that the project is too expensive, and that the money would be better spent on improving infrastructure and services in existing cities. Some have also raised concerns about the impact of the project on the environment, particularly in the desert area where the city is being built.

In conclusion, the New Capital Egypt is an ambitious project that aims to create a sustainable, smart city in the desert east of Cairo. While the project has faced criticism, it also has the potential to bring significant economic and social benefits to the country. If successful, the New Capital could serve as a model for other cities in the region and around the world.