Apartment 2 Bedrooms for Sale in Al Maqsad - New Capital By City Edge Developments - Delivery Year 2023

Al Maqsad New Capital Egypt is a planned megacity located east of Cairo in Egypt. The city is being developed by the Egyptian government in an effort to reduce congestion in Cairo and provide a modern, sustainable urban environment. The project is part of the government’s plan to create an integrated transport network and business hub in the region.

The city is planned to be a modern, sustainable urban environment with a variety of housing, commercial, and recreational facilities. It will also feature a modern transport network, with a metro, light rail, and bus system. The city will also have a number of parks and open spaces, as well as a range of educational and healthcare facilities.

The project is expected to cost around $45 billion and will be funded through a combination of public and private investment. Construction of the city is expected to begin in 2021 and is planned to be completed by 2028.

Al Maqsad New Capital Egypt is expected to create around one million jobs and will be home to around seven million people. The city is also expected to attract large numbers of foreign investors, as well as tourists.

The project is part of the Egyptian government's Vision 2030 plan, which aims to make Egypt one of the most competitive countries in the world by 2030. The plan includes a number of large infrastructure projects, such as the Suez Canal expansion, which is expected to double the country's GDP by 2035.

The project has been met with some criticism, with some people questioning the need for a new city when there are already so many problems in Cairo. However, the Egyptian government has argued that the new city will provide a much-needed boost to the economy, as well as providing a modern, sustainable urban environment.