3 Bedrooms Apartment for Sale in Scenario New Capital By Akam Developments - Delivery Year 2023

The New Administrative Capital of Egypt, also known as the Compound Scenario, is a gigantic infrastructure project that aims to build a New Capital city for the Egyptian government. The project, which is expected to be completed by 2021, is worth around $45 billion and is being led by a group of Egyptian construction companies.

The Compound Scenario is designed to be a smart, sustainable, and efficient city that meets the highest international standards. The development area spans over 170,000 acres and is located between Cairo and Suez. It consists of several districts that will cater to different needs of its residents, which is expected to be around 6.5 million.

The residential district is expected to accommodate around 3 million people and will have various types of housing units, from apartments to villas. The commercial district will feature skyscrapers, shopping malls, and luxury hotels. The government district will host governmental buildings, including the parliament house, presidential palace, and other institutions. The cultural district will have museums, art galleries, and theaters.

The Compound Scenario is being built with advanced technology and sustainability in mind. The city will have a smart transportation system, with electric vehicles and smart roads, and a smart energy system that relies on renewable energy sources. It will have a modern waste-management system that minimizes waste and recycles what is possible.

The construction of the Compound Scenario has created many job opportunities for Egyptians, providing a boost to the economy. It is also expected to attract international companies to set up their offices in the new city, which will further boost the economy and create more jobs.

The Compound Scenario is not without controversy, however. Some critics argue that the focus on building a New Capital city is misplaced, and the resources and funds could be better utilized to address more pressing issues, such as poverty and unemployment. Others criticize the displacement of local communities and the potential environmental impacts of the project.

Despite these concerns, the Compound Scenario is a vital project for the Egyptian government. It represents a significant investment in the country's future and aims to address some of the challenges faced by the current capital city, Cairo, such as overpopulation, traffic congestion, and pollution. With proper planning and execution, the Compound Scenario has the potential to be a prosperous and sustainable New Capital for Egypt.