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

Scenario New Capital is a massive, futuristic city project underway in Egypt. Designed to be the new administrative and financial hub of the country, it is being built from scratch in the desert, approximately 45 kilometers east of Cairo. The city is estimated to cost $45 billion and is expected to be fully completed by 2050.

The New Capital is the brainchild of Egyptian President Abdel Fattah el-Sisi, who announced the project in 2015. The aim is to relieve Cairo, which is one of the most congested cities in the world, and create a modern, sustainable city with advanced transportation, infrastructure, and services.

The new city spans over 700 square kilometers and is divided into various zones, including residential, commercial, administrative, and entertainment areas. The heart of the city is the Capital Tower, a skyscraper that would be the tallest in Africa, standing at 385 meters.

One of the key features of the New Capital is its green spaces. The city will have parks, gardens, and greenhouses, making it an oasis in the desert. It is also committed to being environmentally friendly, with a focus on renewable energy and waste management.

The new city also aims to be a smart city, using advanced technology to improve the quality of life for its residents. This includes a smart transportation system, automated waste collection, and public transportation powered by renewable energy. The city will also have advanced healthcare facilities, including a medical hub and a center for research and development.

The construction of the New Capital has faced some challenges since its inception, including the COVID-19 pandemic, which caused delays in construction and funding. Nevertheless, it has continued to progress, and the government is confident that it will be a success.

The New Capital is expected to attract major international companies and investors, contributing significantly to Egypt's economy. It is also expected to drive urbanization, with up to 6.5 million people projected to live in the city by 2050.

Overall, Scenario New Capital is a unique and ambitious project that could transform the face of Egypt. Whether it will live up to expectations remains to be seen, but it is clear that it has the potential to be a game-changer for the country and the region.