EGP 5,252,325
Apartment 3 Bedrooms for Sale in Scenario - New Capital By Akam Developments - Delivery Year 2023
Scenario New Capital Egypt is a futuristic project that aims to create a new city in Egypt that will serve as the country's administrative and financial hub. The project is part of the Egyptian government's plan to develop the country's infrastructure and boost its economy.
The new city will be built on a 700 square kilometer area, located 45 kilometers east of Cairo. It will be designed to accommodate up to 6.5 million people and will feature modern infrastructure, including a high-speed train system, a new airport, and a smart transportation network.
The project is being developed by the New Urban Communities Authority (NUCA) in collaboration with several international companies, including China State Construction Engineering Corporation (CSCEC), which is responsible for the construction of the city's central business district.
The city will be divided into several districts, each with its own unique features and facilities. The central business district will be the heart of the city, featuring modern office buildings, hotels, and shopping malls. The cultural district will be home to museums, theaters, and art galleries, while the sports district will feature world-class stadiums and sports facilities.
One of the most notable features of the new city is its focus on sustainability. The city will be powered by renewable energy sources, including solar and wind power, and will feature green spaces and parks. The city's transportation system will also be designed to reduce carbon emissions, with a focus on electric and hybrid vehicles.
The project has already attracted significant investment, with several international companies expressing interest in investing in the new city. The Egyptian government has also offered incentives to investors, including tax breaks and streamlined bureaucratic procedures.
The project has faced some criticism, with some experts questioning the feasibility of building a new city from scratch. Others have raised concerns about the potential impact on the environment and the displacement of local communities.
Despite these concerns, the Egyptian government remains committed to the project, seeing it as a key driver of economic growth and development. The project is expected to create thousands of jobs and attract foreign investment, helping to boost the country's economy and improve the standard of living for its citizens.
In conclusion, Scenario New Capital Egypt is an ambitious project that aims to create a modern, sustainable city that will serve as a hub for Egypt's administrative and financial activities. While the project faces some challenges, it has the potential to drive economic growth and development in the country, creating new opportunities for investors and improving the lives of millions of Egyptians.