Rivan New Capital is a new urban development project in Egypt, located approximately 25 kilometers east of Cairo. The project was announced in 2015 and is being developed by Riva Real Estate, a subsidiary of the Egyptian-based conglomerate Riva Group. The project is expected to cover an area of approximately 70 million square meters and will include residential, commercial and industrial components.

The project has been designed to provide a modern, integrated urban center for Egypt, with the aim of becoming a major hub for business, industry, and tourism. It will feature a variety of residential options, including single-family homes, apartments, and villas. It will also have commercial centers, including shopping malls, restaurants, and entertainment venues.

The project has been designed to be environmentally friendly and to minimize its impact on the environment. It will feature green spaces, energy-efficient buildings, and renewable energy sources. In addition, it will be connected to Cairo by a high-speed rail line.

Rivan New Capital is expected to create thousands of jobs in Egypt and to attract foreign investment. It is also expected to help diversify the Egyptian economy, providing a boost to the country’s tourism industry.

The project is expected to be completed by 2021. It is estimated to cost around $45 billion, making it one of the largest urban development projects in the world.