Egypt is currently undertaking one of the most ambitious urban development projects in modern history — the construction of a brand-new capital city, dubbed the “New Administrative Capital,” with a staggering investment of $58 billion. Set to rise 45 km east of Cairo, the city aims to relieve the population pressure on Cairo while transforming Egypt into a regional economic hub.
Planned to house government buildings, embassies, business districts, and more than six million residents, the city boasts state-of-the-art infrastructure, a 385-meter tall Iconic Tower (Africa’s tallest), Africa’s largest mosque, and a green river park twice the size of New York’s Central Park. The project also includes smart city technology and a fully digital governance system.
The New Capital represents the Egyptian government’s vision of modernization, economic growth, and decentralization, and is being hailed as the most expensive new capital project ever undertaken in the world.
The first phase of the project, led by the Administrative Capital for Urban Development (ACUD), is nearing completion, with ministries and presidential offices set to move in soon.
