2 Bedrooms Apartment for Sale in Stau New Capital By signature homes - Delivery Year 2026

Stau New Capital is a new planned city in Egypt, located about 45 kilometers (28 miles) east of Cairo. The city is part of a larger development plan that includes a new administrative and financial center, a new international airport, a new industrial zone, and a new residential area. The project is expected to cost around $45 billion and will create more than 1.5 million jobs.

The development plan was announced in 2017 by the Egyptian government and is being funded by the Egyptian government, the United Arab Emirates, and other investors. The project is expected to be completed by 2022.

The new city will be home to a variety of residential, commercial, and industrial areas. It will also feature a large park, a business district, and a cultural center. The city will also have a number of green spaces, including a botanical garden and a golf course.

The city will be connected to Cairo via a new highway and a high-speed rail line. It will also be connected to the Suez Canal and the Red Sea.

The project is expected to have a major impact on Egypt's economy. It is estimated that it will add around 1.5 percent to the country's GDP and create around 1.5 million jobs. It is also expected to attract foreign investment and help reduce unemployment.

The project is expected to have a positive environmental impact as well. It will include a number of green spaces and will use renewable energy sources. It is also expected to reduce air pollution in Cairo.

The project is expected to be a major boost to Egypt's tourism industry. It is estimated that the city will attract around 10 million visitors each year. This could help the country's tourism industry recover from the drop in tourism caused by the 2011 revolution.

The project is also expected to help reduce poverty in Egypt. It is estimated that around 1 million people will be lifted out of poverty as a result of the project.