New Capital City in Egypt

New Capital City in Egypt

New Capital City in Egypt is a huge project announced by the Egyptian government at the conference of support and development of the Egyptian economy on 13 march 2015 . 

It’s planned to be where the parliament and foreign embassies will be exist there . it will be set on area about 170,000 acres .

it is a new international city in Egypt aiming to create different opportunities for housing, jobs and working on solving so many problems and cases that harshly faces Egypt . it helps in providing a unique lifestyle to adapt to the population growth and civilization by welcoming all levels in a smart city that go on with the continuous technology development .

In order to develop Cairo into a leading political , cultural and economic one to be a pioneer city in the middle east and north Cairo through nourishing environment supported by diverse economic activities and sustainable development to ensure keeping historic and natural assets and facilitating living and lifestyle through an efficient infrastructure , all this going to be accomplish by the establishment of  New Capital City

The project aims to attract about 7 million citizen in the first phase only which is built on area of 10,000 acres . 

It’s  one of the most recent investment projects for real estate development in Egypt , this huge construction project is expected to grow from 18 million to 40 million by 2050 which will introduce a new concept of the nature of residential life in Egypt. 

New Capital City designed with green areas linked to the neighbored centers through network of mean of transportation , it’s inspired from el kasr elaini downtown , masr elgdida besides the world capitals that combine history and modernity .

 

Location and Area :- 

New Capital City is located on the border of Badr city in the area between Cairo , Cairo-Suez road and Ain Sokhna road , after the New Cairo and Madinty and Mostkbal City 

New Capital City is about 60 km from from Suez and Ain sokhna and about 60 km from the heart of Cairo . 

The location of the New Capital City considered to be one of the most advantages of it , it make it the finest place and recognized it from other places .

Area :-

The project is set on area about 170000 feddans

 

Transportation to reach New Capital City 

  • The government  is working hard to provide an ease transportation to let citizens feel comfort , secure and safe time . it’s planned to reach new capital city through the Suez highway and from there to Jandali road till the end of the Mohammed bin Zayed road .  
  • It’s planned to implement a railway line linked with the railway network to Egypt as well as the implementation of an electric train to connect new capital city with 10th of Ramadan and Belbis city 
  • It’s planned to have an airport on an area of 16 km .

Who is responsible for managing the project ? 

A joint venture company is managing the project by establishing the new capital city with an estimated capital of 6 billions L.E. 

The company is composed of a number of departments , national service project authority , urban communities authority and land army forces projects

Residential and governmental buildings

The housing units in the residential area range from 100 m² to 180 m²

The apartments in the New Capital City have good internal distribution . 

The government district consists of 18 ministerial buildings, presidential building , a parliament building and a cabinet building . 

There  are nearly 10000 m² are allocated for administrative and commercial buildings.

Services / Features 

  • The New Capital City includes green river which is 35 km long linked to all districts and universities of the city to emulate the nile river in Cairo 

The green river considered to be the largest green hub in the world with central park and entertainment with free access to 5000 acres . 

  • New Capital City will be linked to a new railway line with all railway networks in the republic 
  • The electric train project will be connected to the 10th of Ramadan city and Belbis city 
  • An international airport will be set up in the new capital city  on an area of 16 km , it has an area of towers with two towers of the top towers in the world .
  • New Capital City has a large central park with an area of of 8 km which means its doubled the area of Newyork central park 
  • It has the largest business and financial district in the middle east and embassy district 
  • A governmental  district with a new presidential palace , a parliament and a cabinet 
  • A world – class expo and a conference city with huge conference halls 
  • It has smart city , city with universities and scientific research projects 
  • Power station 4800 MW and it’s considered to one of the largest station in the world .

What is make the New Capital City is the best ?

New Capital City considered to be the dream that’s coming true everyday , the time new capital city is going to be complete and finishing construction , it will help in elimination of the traffic crisis , raising the standard of living , reduce the crowded and overrated areas , it will be the reason to get rid of slums , it will provide job opportunities for the youth , it will build new housing complexes , save time for citizens to end their interests and work . 

The new capital city planned to have nearly 7 millions people in the first phase only and offers 1.5 million job opportunities . 

New Capital City will have the city of knowledge ( smart city ) that will be one of the cultural development projects , it will adopt advanced information technology in all sectors both in terms of transportation and constructions . it will rely on renewable energy sources such as solar energy , as well as water treatment and using it in irrigating the green areas of the city . 

New Capital City admittedly has become a new residential administrative entity that eliminates the crowd of the capital by moving out the ministries and government agencies , it reduces the burden of population and traffic crisis of the capital 

The first phase of this mega project was completed and there is an alternative to the capital which is witnessing an extraordinary traffic congestion and new capital city become a city with

Why should i invest in New Capital City ? 

New Capital City raises the curiosity of many investors and real estate researchers . it will be the city which will introduce a new concept of the nature of residential life in Egypt . investment in the new capital city considered to be the best investment for the Egyptian and foreign investors 

The smart real estate investor is the one who will invest in the new capital city with more than one project because new capital city is egypt’s future project . 

New Capital City will be the first investment list in all projects without competitors , it’s the future of real estate investment during the next four years because of the government direction to it and the launching of multiple projects by Egyptian and Arab investors in terms of compounds and towers of 30 floors . 

 

 

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