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

Al Maqsad New Capital Egypt is a new urban development project located in the eastern desert of Cairo, Egypt. The project is part of the Egyptian government’s plan to create a new administrative capital city to relieve the overcrowding in Cairo.

The project was announced in March of 2019 and is expected to be completed by 2022. It is estimated to cost around $45 billion and will cover an area of 7,000 square kilometers. The new capital city will include residential areas, business districts, an international airport, and a financial district.

The new capital will be located in the desert, between Cairo and the Suez Canal, and will be connected to Cairo by a high-speed railway. The city will be powered by renewable energy sources, such as solar and wind, and will feature advanced technologies, such as smart grids, to reduce energy consumption.

The project has been met with both excitement and criticism. Supporters claim that the project will create jobs and help reduce overcrowding in Cairo. Critics argue that the project is too expensive and that the money could be better spent on improving existing infrastructure and services in Cairo.

In any case, Al Maqsad New Capital Egypt is a major undertaking and could have a significant impact on the future of Egypt. It remains to be seen how successful the project will be, but it is sure to be an interesting development to watch.

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