Apartment for Sale in Al Maqsad - New Capital By City Edge Developments - Delivery Year 2023

Al Maqsad New Capital is a new development in Egypt, located just east of Cairo. The project is part of the government's plan to create a new urban center to accommodate the growing population of the country. The project is being developed by the New Urban Communities Authority (NUCA), a government agency that is responsible for the development of new cities and towns.

The project is set to be the largest and most ambitious development in Egypt, with an estimated cost of $45 billion. The new city will span over an area of 70,000 acres and will include residential, commercial, and industrial areas. It will also include a new airport, a new port, and a new railway system. The project is expected to create over 1 million jobs and attract over 6 million visitors annually.

The project is expected to be completed by 2030 and will include a variety of amenities such as schools, hospitals, parks, and entertainment venues. The city will also feature an advanced transportation system, with a high-speed train linking it to Cairo.

The project is part of the government’s plan to reduce overcrowding in Cairo and create a new urban center with modern amenities. The new city is expected to be a major hub for business and tourism, and will help to diversify Egypt’s economy. It is also expected to attract foreign investment and create new opportunities for the country’s youth.

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