The capital way new capital egypt is a new development project launched by the egyptian government in 2021. the project aims to create a new capital city for egypt, located in the desert between cairo and the suez canal. it is expected to be the largest urban development project in the middle east and north africa region.

the project includes the construction of a new business district, an international airport, a financial center, a technology park, a medical city, and a new international exhibition center. the project also includes the development of new residential areas, shopping malls, and sports facilities.

the project is expected to cost around $45 billion and is expected to be completed by 2027. it is estimated that the new capital city will have a population of five million people.

the project has been met with some criticism, with some people arguing that the project is too expensive and unnecessary. however, the egyptian government has defended the project, arguing that it will create new jobs, attract foreign investment, and boost the economy.

the project is being funded by the egyptian government, international investors, and the private sector. the government has also announced plans to establish a special economic zone in the new capital city to encourage foreign investment.

the project has been welcomed by many egyptians, who are excited about the prospect of a new modern city with world-class infrastructure and amenities. it is hoped that the project will help to transform egypt into a modern, prosperous nation.