La Capitale New Capital Egypt is a new megaproject located in the New Administrative Capital of Egypt. It is a $4.4 billion development project that was launched in 2019. The project is the largest of its kind in the Middle East and is expected to be completed by 2021.

The project is being developed by a consortium of Egyptian, Emirati, and Saudi investors and is being built on a total area of 7.2 million square meters. It will include a variety of residential, commercial, and leisure facilities, including a shopping mall, a business district, a medical city, and a theme park.

The project is being built in a strategic location, close to the Cairo International Airport, and is expected to be a major driver of economic growth in the region. It is also expected to create up to 100,000 jobs, as well as attract up to 10 million visitors annually.

The project is being built with the latest technology and is designed to be environmentally friendly. It will feature green spaces, energy efficient buildings, and a smart city infrastructure.

The project is being funded by a variety of sources, including the Egyptian government, the Saudi Arabian government, and private investors. It is expected to be a major boost to the Egyptian economy, as well as an important symbol of regional cooperation.