Al Maqsad New Capital Egypt is a new urban development project located in the desert east of Cairo, Egypt. The project is a massive undertaking and is being developed by the Egyptian government, in partnership with local and international investors.

The project, which is expected to cost $45 billion, will span over an area of more than 70,000 acres and will consist of residential, commercial and industrial areas. It is expected to house up to 6.5 million people, making it one of the largest cities in the world.

The project has been designed to be a model of sustainability, with a focus on green infrastructure and renewable energy sources. It will feature a state-of-the-art public transportation system, a waste management system, and a water conservation system.

The project is intended to help reduce Cairo’s population density and provide a better quality of life for its citizens. It is also expected to create jobs and attract new businesses and investments to the region.

The project is expected to be completed by 2022. It is an ambitious undertaking, but one that could have a major impact on Egypt’s economy and its citizens.