EGP 5,252,325
Apartment 3 Bedrooms for Sale in Scenario - New Capital By Akam Developments - Delivery Year 2023
Scenario New Capital Egypt (SNCE) is a futuristic and ambitious project that aims to transform the desert terrain of Cairo into a modern, sustainable, and smart city. It is a multi-billion dollar initiative that seeks to address Egypt's population growth and urbanization challenges by creating a new capital city that can accommodate more than five million people.
The SNCE project was announced by President Abdel Fattah el-Sisi in March 2015. The new city will be built on a 700 square kilometer plot of land located between Cairo and the Suez Canal, about 45 kilometers east of Cairo. The location is strategically chosen to promote economic growth, improve connectivity and transportation, and provide a sustainable living environment.
The SNCE project is one of the largest infrastructure and development projects in the history of Egypt. The project will be carried out in phases and expected to be completed by 2050. The first phase of the project has already begun and involves the construction of administrative and government buildings, residential areas, and a central business district.
The new city is being designed to be a smart city, with advanced infrastructure and technology that improves the quality of life for residents. The city will have smart transportation systems, smart energy management systems, and smart waste management systems. It will also include green spaces, parks, and recreational facilities.
One of the primary goals of the SNCE project is to address the rapid growth of the population in Cairo, which is expected to double by 2050. The new city is designed to relieve the pressure on Cairo by providing a new living space for people who are looking for a better quality of life.
The SNCE project is also expected to boost the Egyptian economy significantly. The project will create numerous job opportunities and attract domestic and foreign investments. The project will also provide a conducive business environment and attract local and global businesses to set up shop in the new city.
Despite the positive impact of the SNCE project, there have been some criticisms about the feasibility and sustainability of the project. Some critics argue that the new city could create an imbalance in the population distribution and result in overcrowding in other parts of the country. Others contend that the development of a new city in the desert could have negative environmental consequences and depletion of resources.
In conclusion, the SNCE project is an ambitious undertaking that has the potential to transform Egypt into a modern, sustainable, and smart country. The project is well-positioned to alleviate population pressure in Cairo, boost the economy, and create a better living environment for millions. However, it is essential to ensure that the project's sustainability and feasibility are maintained throughout the project's implementation.