Anakaji New Capital is a planned city in Egypt, located 45 km east of Cairo. The project was announced in March 2017 by the Egyptian government and is part of the country’s plan to develop a new capital city.

The city is planned to include a financial and business district, a Central Park, a technology park, a medical city, an international airport, and a sports city. It will span an area of 70,000 acres and is expected to house up to five million people.

The project is being led by the New Urban Communities Authority (NUCA) and is expected to cost around $45 billion. The project is expected to be completed by 2022.

The project is being funded by the Egyptian government and by private investments from the UAE, Saudi Arabia, and other countries.

The project is expected to create thousands of jobs and boost the Egyptian economy. It is also expected to reduce overcrowding in Cairo and provide a more modern, livable environment for residents.

The project has been met with some criticism, as some people are concerned about the environmental impact of the project and the displacement of people who currently live in the area.

The project is part of a larger plan to develop Egypt’s infrastructure and economy. It is expected to attract foreign investment and make Egypt a more attractive destination for businesses and tourists.